Over 340 delegates attended the Derby Property Summit to hear news on the city’s upcoming developments, plus, take part in discussions on the rebirth or urban residential and what requirements businesses look for when locating their business. Read the report from the Summit here>
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Derby was at the heart of the UK property market yesterday as over 300 delegates filled Pride Park Stadium to hear about the city’s investment ambitions.
Hosted by TV’s Business Journalist Declan Curry, delegates heard updates from Russell Rigby on key developments in Derby, such as residential hubs Nightingale Quarter and Castleward, office schemes Friar Gate Square and One Derby, and details on new leisure facilities the Sports Arena and Olympic-sized swimming pool.
The event saw addresses from FDi Magazine Editor, Courtney Fingar, UK Regeneration Chief Exec. Jackie Sadek and Derby City Council Chief Exec. Adam Wilkinson.
The summit also brought together two guest panels to discuss wider property issues on urban residential living and inward investment.
The ever enthusiastic and entertaining Jackie Sadek described Marketing Derby as “Best in Class” as an inward investment agency.
Jackie, Chief Executive of UK Regeneration – the developers of Nightingale Quarter, announced their plans to submit full planning application for the urban village this Autumn on the former DRI site.
She said, “I have worked with over 100 inward investment agencies in the UK, but your team in Derby is by far the best.”
The Nightingale Quarter drawn up by UK Regeneration will include 300 apartments to rent, independent shops and cafes, plus a food supermarket – as well as retaining original features on the site including the Florence Nightingale statue.
Jackie added, “This urban village is targeting those who want a quality of life, for people who want to live in a community. Londoners can be just 90 minutes from their office by train from their homes in Derby.”
For more information on the Nightingale Quarter, Click Here>
A “diverse skilled workforce” with a robust educational system was highlighted as the most important tool in attracting business to Derby according to Insider Media Midlands Editor Kurt Jacobs.
FDi Magazine Editor-in-Chief Courtney Fingar also pointed towards a city’s cultural offering as a reason to invest.
“You want to create a sense of place so that when people come to visit they can imagine they can get the type of workers they want. You might be able to prove on paper that you have those workers, but you still need to have those types of people walking the street.”
Derby is the UK’s leading hi-tech city with 12% of the city’s workforce in hi-tech functions – four times the national average. Find out more about our workforce>
Derby City Council Leader Paul Bayliss explained he would do “whatever it takes” to create jobs in the city after taking part in an inward investment discussion at the Summit.
The Leader also recognised the need to boost the city’s cultural offering and grade A office space, to attract companies to the UK’s leading hi-tech city.
“We’ve got a cultural offering – do you know about it? Have we got grade A office space? We’ve not got enough but we’re doing something about it.”
The City Council also outlined their commitment to support local and inbound businesses by promoting the Derby Enterprise Growth Fund and the Regeneration Fund – two pots of cash aimed at creating jobs in the city.
Derby’s newest regeneration magazine, Perspective, has been launched at the Derby Property Summit – where over 340 delegates attended.
The magazine, created by 3Fox International, will focus on Derby’s renaissance including developments on the Riverside, Global Technology Campus, and city centre office developments – as well as featuring updates on skills for employment and the city’s retail sector.
To get your copy of Perspective, browse the online version below or Click here to download>
The Finance Bill on 28 March 2013 included legislation on the new RDEC regime. This new relief came into effect on 1 April 2013 and is given as a 10% taxable credit.
Guests include Rachel Hodge from HMRC, Diarmuid MacDougall, National R&D Partner and Andrew Wiggins, National Tax Accounting Services Partner.
Discussion points for the morning will include:
• A brief summary of the RDEC
• Should I elect in? When? What are the Pros and cons?
• What do HMRC want to see included in claims?
• Common errors HMRC see in R&D claims and how to avoid them
• What is the accounting treatment for the credit? How does this impact on the timing of preparing claims.
• Real-time methodologies for compiling claims
• What are others doing in respect of RDEC claims?
If you would like to attend, please contact Julia Levez by email at julia.levez@uk.pwc.com.
By John Forkin.
This time next week more than 300 people will converge on Pride Park Stadium for the inaugural Derby Property Summit, hosted by TV’s Declan Curry. With delegates expected from London, Birmingham and Manchester, for the first time, I’m told, Derby will be at the heart of the UK’s property community.
The idea for such a landmark event came as a result of massive demand at recent Derby Embassy events held in London and Cannes. Both were oversubscribed, with people sitting in the aisles. The Derby Embassy has become a unique and ubiquitous tool in our investment promotion kitbag.
When we launched our first embassy event, at the House of Commons five years ago, many scoffed at the idea and I was even called in to try to explain the concept on Radio 5 Live, even as invitees gathered in Parliament’s Central Lobby. What was a city like Derby trying to achieve with such an idea and what were all those city ambassadors doing there?
Since then, embassies have been held in prestigious locations, not only in the West End, the City and Canary Wharf areas of London, but also in Birmingham, Cannes and, this year, for the first time, Monaco. The idea is simple. Derby is not on the investor radar by right. In truth, there are no groups of investors gathering in Mayfair, plotting their entry into the Derby market. To generate inquiries and interest we first have to attract their attention and we need to go to them in order to do this.
That’s why we host events in attractive locations, incredibly professional and slick, giving investors an opportunity to meet Derby’s ambassadors and to hear our story and the endorsement of existing investors.
It is a simple ideal but it works a treat. An example of this is the fact that the developers of Derby’s first city centre office scheme in a quarter of a century, the striking Friar Gate Square, came across Derby at our Cannes embassy event. So next week, in some respects, the embassy is coming home.
The property summit is not an embassy as such but the atmosphere and energy will be familiar, as will the stellar line-up of speakers. The whole event will be seamlessly knitted together by Declan Curry, the TV and radio business journalist. Contributions will include a keynote address offering an international perspective by Courtney Fingar, who edits the Financial Times Foreign Direct Investment magazine. Courtney travels the world advising locations seeking investors and investors seeking locations, reminding us that competition for investment today is very much global.
The national picture will be provided by UK investment supremo Adam Breeze, whose objective analysis of who’s up and who’s down in the cut-throat city stakes is respected by many who count. I predict the star of the show to be the energetic and inimitable Jackie Sadek, Chief Executive of UK Regeneration. We first came across Jackie at MIPIM in 2012, and by 2013 she was addressing our Embassy in Cannes announcing a major investment in the DRI site. I suspect delegates will be thrilled by the plans Jackie will reveal on the day for the Nightingale Quarter.
The local perspective will be led by Derby City Council Chief Executive Adam Wilkinson. Under Adam, Derby has taken a massive step change in its regeneration, from the stunning Council House refurbishment, through to the arrival of Webhelp TSC, to the new arena and velodrome now under construction, only yards from Pride Park Stadium itself.
Finally, there will be two panel sessions, chaired by Declan Curry, which will promote debate on issues from the keynote presentations. The property summit is a sell-out and I believe Derby’s regeneration is really getting noticed beyond our regular horizons, so look out for the sequel in May 2014.
Published in Business Weekly, Derby Telegraph on Wednesday 8th May 2013.
Over 350 delegates have registered for the Derby Property Summit to see an exciting mix of speakers and expert panels – hosted by TV’s Declan Curry.
Bookings for the event have now been closed after a record number of guests announced their intention to visit.
With Derby’s development on the agenda, the event is set to be shaped around the £271 million development in the pipeline for the city. Confirmed speakers include Courtney Fingar, Editor-in-Chief of FDi Magazine and Jackie Sadek, Chief Executive of UK Regeneration.
For updates on the Derby Property Summit as it happens, follow @MarketingDerby on Twitter.
The first phase of a £7 million scheme to build a retail and restaurant complex next to Derby County’s Pride Park Stadium is set to be unveiled.
The development – called The Plaza @ Pride Park will be at the North East Corner of the stadium, and the initial phase will provide a mixture of retail and restaurant units totalling 7,000sq ft. Once completed, the scheme could create dozens of new jobs.
The development is being undertaken jointly by the club and Derby-based developer Cedar House Investments, which is part of Peter Gadsby’s Ark Capital Group. The hope is that The Plaza will benefit from the £27.5 million multi-sports arena currently under construction.
Work on the arena started last month and, once completed, it will feature a 250-metre cycling track, a 12-court sports hall, a gym, multi-function rooms, a spinning room and a cafe. The arena will also double up into a concert venue for 5,000 spectators.
Mr Gadsby, Chairman of Ark Capital said, “The area is already a proven destination for leading occupiers including Greggs, Frankie and Benny’s, Subway and Starbucks. I’m particularly keen that this scheme will add to the success of Pride Park and provide further amenities for the 10,000 people who are working in the area.”