Wavensmere Homes Starts Work at £75m Friar Gate Goods Yard in Derby City Centre

L-R: Paul Simpson – chief executive of Derby City Council, Cllr Nadine Peatfield – Leader of Derby City Council, Baggy Shanker – MP for Derby South, Catherine Atkinson – MP for Derby North, and James Dickens – managing director of Wavensmere Homes

Wavensmere Homes has commenced work on site to redevelop Friar Gate Goods Yard in Derby city centre. The nationally significant £75m mixed-use project will reanimate two landmark Grade II listed buildings into over 110,000 sq ft of commercial space, alongside 276 new build homes.

Site enabling works across the 11.5-acre (4.96Ha) site are underway, with the groundworks commencing in November 2024. The first phase will incorporate the formation of a new spine road through the site and remediation works to the two listed buildings. Simultaneously, construction of the first residential phase will take place. This comprises 63 terraced houses, which will be available for occupation before the end of 2026. The full redevelopment, restoration and construction programme is anticipated to complete by the end of 2028.

A painstaking restoration of the 19th Century Bonded Warehouse and Engine House will deliver a total of 111,275 sq ft of flexible offices, health and fitness space, a restaurant/café, together with a regional sales centre for Birmingham-headquartered Wavensmere Homes. Extensive new areas of open space, including play areas and pocket parks will also be created, in addition to the retention of the TPO tree buffer, to enhance the biodiversity of the site.

The elevated area adjacent to Friar Gate Bridge will become a new multi-purpose public realm and community space, with retention of some of the original railway arch facades. New vehicular, pedestrian and cycle access will be created at various points around the site, from Uttoxeter New Road, Great Northern Way, and Friar Gate, with the Mick Mack cycling route also to be extended.

After over 50 years of sitting vacant, it was brilliant to visit Friar Gate Goods Yard and see the work underway to bring this local landmark back to life. This redevelopment will restore a piece of Derby’s history while creating jobs and giving a major boost to the local economy, now and in the future.

– Catherine Atkinson, MP for Derby North

I am thrilled that Wavensmere Homes has made a start on site so soon after receiving planning approval. The two fine terracotta listed buildings are such important historical assets for our city and we can now be assured of their future. I cannot wait to see the Bonded Warehouse preserved and brought back into use as the centrepiece for this £75m mixed-use development.

– Cllr Nadine Peatfield, Leader of Derby City Council

Friar Gate Goods Yard Aerial View

Octopus Real Estate has provided a £24m loan to Wavensmere Homes to enable the comprehensive four-year programme of work to start without delay. Glancy Nicholls Architects and Pegasus Group worked collaboratively to produce the detailed plans for Friar Gate Goods Yard, which received planning approval earlier this year.

The fine attention to detail and investment we will inject into the reanimation of Friar Gate Goods Yard will see it become a nationally important trophy asset in Derby’s ongoing renaissance.


We constructed 125 family houses just across the city centre at Nightingale Quarter, but there was such intense demand, we could have sold them four times over. The 227 houses at Friar Gate Goods Yard will provide much-needed choice in the market and be the most energy-efficient in the city, so there is already significant pent-up demand.


The first opportunity to reserve a home here will be in 2025, but we are collecting people’s details on our website. We’re very pleased to see the amount of early interest from people who’ve bought from us previously, including residents living at Nightingale Quarter.

– James Dickens, Managing Director of Wavensmere Homes

The designs for the 227 two- and three-bedroom townhouses that will surround the two listed buildings are bespoke. Curved and terraced street scenes will honour the beauty and vista of the Bonded Warehouse, while incorporating a range of energy saving technologies and strategies. A four-storey apartment building containing 49 apartments will also reinstate the lost streetscape of the Stafford Street frontage. The highest EPC rating of A is being targeted for the new houses, with all plots designed to be future-proofed ahead of the 2025 Future Homes Standard.

I am delighted that work has commenced at Friar Gate Goods Yard. This vast historic landmark has lain derelict in the centre of Derby for over 50 years. Wavensmere’s redevelopment plans will have a transformational impact on the city’s landscape and image, while also providing a significant boost to the jobs market and local economy.

– Claire Ward, Mayor of the East Midlands

The site sits just outside the Friar Gate Conservation Area, which features notable Georgian townhouses with high-quality brickwork and fine architectural detailing. The Friar Gate Goods Yard was intended as the main goods depot for the Great Northern Railway line, to handle coal, livestock, timber, and metals. Designed in 1870, and entering operation in 1878, the Bonded Warehouse building contained extensive warehouse space and offices. It was used as a store for the American Army in WWII to house ammunition and other supplies.

The Engine House was also built for the Railway by Kirk & Randall of Sleaford. It is Italianate in style and built from Welsh slate. The Engine House supplied power to the hydraulic lifts and capstans at the Bonded Warehouse. The site first became derelict in 1967, and overtime became overgrown and fell into a poor state of repair. An arson attack took place at the Goods Yard in 2020, which exposed the whole inner iron structure of the two historic buildings.

Derby’s array of city centre amenities and attractions are within a five-to-10-minute walk of the site, with Derby Train Station being 1.5 miles away. Several bus routes are located along the boundary roads to the site on Friar Gate and Uttoxeter New Road.

The Goods Yard redevelopment will promote sustainable development through the use of low carbon materials, modern methods of construction, and renewable energy generation.

To view the plans for Friar Gate Goods Yard, visit: www.friargatederby.com

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