the st peters quarter is derby's second business improvement district brought into effect in the summer of 2011. its boundary with the cathedral quarter follows victoria street, beneath which flows the underground course of the markeaton brook. the quarter boasts a diverse range of retail shops many of them, in green lane, babington lane, osmaston road and elsewhere, independent traders. st peters street, london road and east street also includes a large choice of national retailers along with pubs, restaurants, banks and offices. the quarter includes the historic st peters church and, on st peter's churchyard, the medieval derby school building. nearby also is the old courthouse and several other notable buildings. at the eastern end of the quarter is the bus station along with the hilton hotel and holiday inn, part of the riverlights development on the banks of the derwent.