Working to secure the long-term future of Matlock’s County Hall, the project will unlock major economic, heritage and community benefits for Derbyshire.
Protecting a much-loved landmark and securing its future, the redevelopment will bring new jobs, investment and training opportunities to Matlock and the wider county. The landmark regeneration project will help to grow the local economy, attract visitors and make better use of a key public asset.
As part of the competitive procurement process, we have now drawn up our preferred shortlist of developers with strong proven track records of success in heritage redevelopment projects.
Council Leader Councillor Alan Graves said:
“The redevelopment of Smedley’s Hydro will secure the long-term future of County Hall as a place that supports Derbyshire’s growth and heritage. It is important that we appoint a development partner who shares our ambition to protect this iconic building and deliver lasting benefits for Derbyshire.
“Ensuring that County Hall continues to serve our communities for generations to come is our key priority and we are confident that each of our shortlisted developers have the understanding and expertise to unlock value from historic assets such as ours.”
Once a development partner has been appointed, we will retain ownership of the site and oversight of the scheme to ensure quality, accountability and stewardship of the historic asset.
The project is forecast to add £66 million to the Matlock economy and £145 million across Derbyshire. The development partner will use their ability to access private sector investment and other sources to fund the project, which is expected to create around 100 permanent jobs, more than 800 construction roles and apprenticeships in hospitality, construction and heritage skills.
As the council headquarters, Smedley’s Hydro is currently facing significant maintenance pressures and high running costs. The redevelopment will celebrate the landmark building’s history and return it to its original role as a place for wellbeing, leisure and community life.
Preserving its unique character, the scheme will provide high-quality hotel accommodation, event spaces, much needed new homes and new workspace aimed at supporting the growth of local businesses.
This will be delivered alongside the restoration of the Winter Gardens, which will reopen for public enjoyment.
A final decision on the preferred partner is expected to be announced early 2027.