Key Development Sites - Invest Coventry & Warwickshire

Key Development Sites

Talent, creativity, connectivity and culture are driving local development across Coventry & Warwickshire.

With a 1,000-year history, we are looking to the future with local development being driven by cutting-edge technology.  Engineering and design expertise, combined with state-of-the-art research, led by the area’s two internationally respected universities, has seen it emerge as a forerunner in the development of the next generation of EV and connected autonomous vehicles. 

Coventry & Warwickshire is also home to one of the largest video game development clusters in the UK, employing over 3,000 people, anchored around Leamington Spa which equates to over 10 % of the UK workforce located here.

 

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GREENPOWER PARK

Located at the heart of the UK’s manufacturing industry, and at the centre of the Coventry and Warwick Gigapark Investment Zone, the Greenpower Park is a trailblazing centre of excellence for battery technology and manufacturing. The Greenpower Park therefore has unrivalled access to the most highly skilled workforce in the country. 

The mission is to help drive the world’s transition to sustainable energy through electric vehicles and energy storage. 

This ground breaking location is the first of its kind.

At full capacity, it will be able to produce up to 60GWh – enough to power 600,000 electric vehicles per year. 

Value: £2.5bn + GDV

Sectors: Industrial 

Investment Type: Range including partnership, direct development or co-investment

Friargate COVENTRY

Friargate has become an established destination based around new commercial developments and public realm immediately in front of Coventry rail station. 

As well as its commitment to sustainability and class leading environmental standards, Friargate is a world-class commercial and residential offer in an unbeatable location.

Size: 3,200,000 sqft

Value: +£700m GDV

Sectors: Retail/Commercial, Leisure, Residential

CoveNTRY CITY CENTRE SOUTH

City Centre South Coventry is a residential led, mixed-use development in the heart of the city that will deliver up to 1,300 new homes alongside significant commercial and placemaking development.

It is a mixed-use, multi-phase masterplan that presents many opportunities for differing forms of investment. Size: 3,200,000 sqft Value: +£700m GDV Sectors: Retail/Commercial, Leisure, Residential

TRANSFORMING NUNEATON

Creating a thriving, vibrant town with an ambitious and aspirational programme of mixed-use development including residential, leisure and offices.

Nuneaton town centre is the largest town in Warwickshire, near Birmingham and East Midlands airports and High Speed 2 Hub at UK Central, the first stopping point on HS2 from London. It is also the mainline station town for the 200,000sqm automotive technology campus at MIRA Technology Park. Size: Various  Value: +£100m GDV Sectors: Retail/Commercial, Leisure, Residential

creative quarter leamington spa

Regeneration of the old town of Royal Leamington Spa to develop a new Creative Quarter, with a particular focus on the booming video games industry as well as other creative and digital industries.

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. Size: Various Value: +£50m GDV Sectors: Digital/Creative, Commercial, Leisure

MIRA TECHNOLOGY PARK

Southern manufacturing sector

One of the UK’s leading Enterprise Zones and a location for over 40 major international high tech engineering and clean tech companies, including global corporates Bosch, Toyota and Jaguar Land Rover alongside Electric Vehicle innovators such as Polestar, REE and Warwick Acoustics.

It contains 40 major test facilities developing technology in electric and hydrogen propulsion, autonomy and cybersecurity with over 106 kilometres of test tracks. Size: 90 acres Value: £260m Sectors: Manufacturing/Engineering, Research & Development, Industrial with focus on advanced manufacturing in the automotive, autonomous, and low carbon sectors.

City Centre

Cultural Gateway

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.

The Cultural Gateway is an exploration space and will provide a new home for nationally recognised collections managed by Arts Council England, Arts Council Collection, CV Life, and the British Council. Furthermore, this will create a cultural hub for Coventry University with a range of facilities for students, visitors, and the community.

Value: £150m + GDV

Sectors: Transport, Technology, Creative and Cultural

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