Derby College selected St James Securities as their development partner to secure planning permission for and to deliver a new food store on the site of their Ilkeston Campus in 2012. The sale proceeds provided the College with the funds necessary to build a new Campus in the town centre.
St James Securities secured permission for a new 6,039 sq.m. food store and 39 houses and agreed a lease deal with Morrisons who wanted to trade in the town. The retail development was forward funded by British Steel Pension Fund and the construction works were completed in 2014.
The store opened in January 2015. The housing element was sold to local house builder Michael Goodall Homes in February 2015. This was a challenging project on many fronts however the project was delivered on time and to budget.COMPLETION YEAR: 2014