Retail Revitalised: Scheme to Revive Derby’s Historic Shopping Streets Celebrates Success
Conservation area at risk
In 2009, after years of gradual decline, the historic streets of Derby were designated a ‘conservation area at risk’ and added to Historic England’s Heritage at Risk Register. The city topped a national table of struggling towns and cities, with nearly a quarter of its shops lying empty, and many in disrepair.
Partners to the rescue
However Historic England and Derby City Council took action by launching a partnership scheme. Since 2009 it has refurbished 97 properties, in the Cathedral Quarter and beyond. Both organisations contributed £844,000 over eight years, with £900,000 coming from the private sector.
Historic character brings resilience
The payback has been impressive. The scheme has brought 2,800 square metres of floor space back into use. It's also created 42 new jobs and helped the Cathedral Quarter win the category of Best City Location in the ‘Great British High Street Award’ for 2016.
As a result, between 2008 and 2012 Derby weathered the recession far better than other cities. In the UK as a whole, high streets suffered an average 26% decline in footfall. But research in Derby’s Cathedral Quarter shows that it remained vibrant: footfall fell by only 7-9%, helping to make Derby much more resilient than similar cities.
How being a conservation area helped
The designation of Derby’s historic streets as a Conservation Area has been a major factor in turning the area’s economic fortunes round. For businesses and shoppers in Iron Gate, Wardwick, the Strand, Sadler Gate and surrounding streets, the historic character of the buildings is an attraction. Their status as a conservation area has enabled the partners in the scheme to work effectively together and make a difference for the city as a whole.