Connectivity, creativity, and culture are the three concepts driving development across Coventry & Warwickshire – one of the most successful regions in the UK. Here we detail just some of the high-quality investment opportunities available in the area. Major schemes that are changing the very fabric of the region.
There’s a lot happening here. Be a part of it. Invest here.
Our region is bursting with historical roots. From skills to craft, famed for the earliest surgical needles to the wit and wisdom of our celebrated playwright, William Shakespeare. The modern bicycle traces its lineage back to the Starley “Rover” safety cycle, forerunner of the Land Rover brand. The ingenuity of Sir Frank Whittle and his first prototype jet engines began the jet age here.
The iconic E-Type and XJ Jaguars helped make the swinging sixties and take vehicle refinement to a new level. ‘Silicon Spa’ earned its name thanks to the emerging local studios and their racing games have put generations of gamers in the driving seat.
Coventry & Warwickshire is constantly at the forefront of innovation and bright ideas.
Headline site in the Coventry & Warwick Gigapark Investment Zone
Greenpower Park, UK Centre of Electrification and Clean Energy, is a trailblazing centre of excellence for battery technology and manufacturing and therefore has unrivalled access to the most highly skilled workforce in the country.
Adjacent to the pioneering UK Battery Industrialisation Centre, the Greenpower Park is perfectly placed to act as a hub for the rapidly growing battery industry. This groundbreaking location is the first of its kind, offering an all-in-one solution for battery research, industrialisation, manufacturing, testing, recycling and electrified logistics deigned to foster the UK’s growing battery ecosystem.
Greenpower Park is the only available site in the UK with planning permission for a gigafactory.
It represents a strategically crucial investment for the region and the UK, playing a major role in securing the electrified future of the UK.
The goal is to help drive the world’s transition to sustainable energy through electric vehicles, emobility and energy storage. Greenpower Park is a public private joint venture partnership between Coventry City Council and Coventry Airport Ltd.
Headline site in the Coventry & Warwick Gigapark Investment Zone
SEGRO Park Coventry is a 215 acre site with provision for up to 3.7 million sq ft of general industrial anddistribution space (B2 and B8). SEGRO has already delivered four buildings comprising 1.56M sft and is promoting further pre-let / Build to Suit opportunities at the site. The site can deliver a single building of 1,000,000 sqft which is rare in such a high demand area of the West Midlands.
The site is just south of Coventry Centre, less than 25 minutes to six major motorways.
Buildings are designed to meet the highest sustainability standards:
> BREEAM Excellent
> Highly sustainable EPC ‘A’
> LED Lighting
> PV Panels as standard
> Providing air source heat pumps to heat offices
> EV Charging points as standard
A transformative new destination for Coventry, Friargate offers fresh perspectives and bold new approaches to working and living set within a public realm led master planned new district.
As well as its commitment to sustainability and class leading environmental standards, Friargate is a world-class commercial offer in an unbeatable location. The framework is established, with new infrastructure, new public spaces and the first high-quality office, One Friargate, occupied by Coventry City Council, The Financial Ombudsman Service, CAFCASS and OfQual .
The Coventry & Warwick Gigapark Investment Zone (CWGIZ) is a key strategic zone of nearly 250 hectares straddling Coventry City & Warwick District.
The CWGIZ area consists of four sites: Greenpower Park, SEGRO Park Coventry, Whitley South and Whitley East. 183 hectares are available for tax incentives such as full business rates relief for five years, capital allowances, stamp duty land tax relief, structures and building allowances and an elevated employer national insurance contributions threshold. Collectively, the vision for the CWGIZ is to act as the key catalyst for driving the growth and modernisation of the West Midlands’ battery technology, automotive and wider future mobility sectors.
Coventry City Centre South is a residential led, mixed-use development in the heart of the city that will deliver over 1,550 new homes alongside significant commercial and placemaking development. The scheme, will be delivered in phases from 2025 onwards across the 6.5ha site. The developer, Shearer Property Regen Ltd (SPRL), is a JV partnership between The Hill Group and Shearer Property Group with Hill Holdings acting as the project funder to bring forward the proposals, focused on the delivery of new residential development across a mix of tenures.
The CPO for the scheme has been implemented and the site assembled.
Reserved Matters approvals for the first phase of development and Listed Building
Consent for works to Coventry Retail Market were achieved in March 202
Aimed at creating a thriving, vibrant town with an ambitious and
aspirational programme of mixed-use development including
residential, leisure and offices.
The promoters are seeking a developer for a prime development site
in the heart of Nuneaton town centre. Anchored by Warwickshire
County Council’s new library and business centre, this 2-hectare site
provides the perfect opportunity for a private developer to bring in
new mixed uses to the town, building on the new McCarthy and Stone
development opposite and linking to the wider ambitions for the town.
Delivering a thriving and attractive town centre with a mix of new retail, commercial, leisure and residential uses within new public realm.
OPPORTUNITY
The Council has ambitions to deliver change across a variety of sites to transform the town centre. The creation of a new cultural quarter to support the art and music scene will attract more visitors to the town. New public realm will further improve the attractiveness of the town and celebrate the historic core. A Delivery Plan to be completed in the summer will ensure that there is a deliverable plan to bring about this change.
The regeneration of Rugby Central Shopping Centre, a 2 hectare site in the centre of the town which will provide transformational opportunities for a new mixed used development. Phase 1 of the redevelopment already has planning permission.
The prospect to work in partnership with the council, including joint ventures to secure the delivery of a number of attractive investment opportunities, in support of the Council’s long-term vision for the town centre.
Rugby is located at the heart of the transport ‘Golden Triangle’ and on the West Coast mainline, and has a heritage steeped in engineering and technological advancement. It’s home to Ansty Technology Park, an advanced manufacturing hub for the automotive industry and other new technologies. It is also on located within easy reach of two major universities
A new third party promoted railway station that is pivotal to deliver local and regional strategic transport and development objectives.
Warwickshire County Council is promoting the development of a new railway station located South East from the town of Rugby on the London to Birmingham via Northampton stretch of the West Coast Main Line. The proposed site is well placed strategically, being close to Junction 18 of the M1 and adjacent to the Houlton housing development that will create 6,200
new homes once fully built out.
A preferred option for the scheme has been identified.
Outline planning consent has been secured. Completion of the Outline Business Case is expected
by the end of 2025.
A vision for regeneration, a motivation for change and a catalyst for new opportunities.
Royal Leamington Spa is an ambitious town seeking to grow and evolve with the communities it serves. Work is already underway to regenerate the town through the development of a new Creative Quarter, reimagining the oldest part of the town to provide a focal point for the area’s booming creative sectors.
Schemes include exciting new and regenerated spaces for people to live, work, play and create, delivering the key elements of the urban lifestyle that are fundamental to the further expansion of one of the UK’s leading creative clusters. There are opportunities for new creative workspaces and mixed-use schemes to service buoyant demand from the creative
sector, where demand currently considerably outstrips supply.
The town is known as ‘Silicon Spa’, due to its UK leading video games development cluster, including both blue-chip companies and a large network of smaller creative businesses. However, the creative community here covers all aspects of the sector, from world class music and dance to heritage crafts, from street art to sculptors.
Warwick District Council together with development partner Complex Development Projects Ltd (CDP) have been working to deliver an ambitious masterplan to regenerate the Town of Leamington Spa, but further opportunities are still available with a number of potential sites which could include housing, mixed used development and the potential of a boutique hotel.
MIRA Technology Park is one of the UK’s leading Enterprise Zones and a location for over 40 major international high-tech engineering and clean tech companies.
With global corporates such as Bosch, JLR, Toyota alongside Electric Vehicle innovators such as Polestar, REE and Warwick Acoustics as occupiers, it comprises Europe’s largest and fastest growing innovation centres for high tech engineering, autonomy, electric and hydrogen propulsion systems.
The City Centre Cultural Gateway is the transformation of the former IKEA building in Coventry, to become a landmark destination that will be home to nationally significant collections, bringing together multiple partners and investors across creative, cultural and technology sectors.
It will provide a new home for nationally recognised collections managed by Arts Council England, Arts Council Collection, CV Life, and the British Council, as well as creating a cultural hub for Coventry University with a range of facilities for students, visitors, and the community.
