Coventry city centre to get £300m revamp, says council

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Coventry city centre to get £300m revamp, says council

Postby dutchman » Sat Nov 16, 2013 10:05 pm

A £300m revamp of Coventry's city centre could be completed in four years, according to the company behind the project.

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The city council has been working with other landowners and project managers Queensberry on the plans.

The plans, which cover Bull Yard, Shelton Square, the City Arcade and Hertford Street, aim to bring new shops and hotels and a cinema to Coventry.

The council said Coventry's range of shops lagged behind similar cities.
'Shadow of Birmingham'

Officers said latest figures suggested shoppers spent £510m in Coventry, compared to to £1,030m in Cardiff and £1,810m in Nottingham.

Paul Sargent, from Queensberry, said: "Coventry suffers from having quite an average retail offer.

"It needs to move out of the shadow of Birmingham and get more stores in.

"That's our objective and we will look to bring in new department stores and some new brands that currently aren't there."

He said he hoped the project would be completed by 2017.

The development would also include new apartments, a new public square and a 1,200 space multi-storey car park.

The council said the proposal would take place alongside other plans to redevelop the city centre.

Rover Road, before and after:
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Re: Coventry city centre to get £300m revamp, says council

Postby dutchman » Wed Nov 05, 2014 8:39 pm

£300m Coventry city centre scheme 'not on hold'

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Bull Yard and Hertford Street

Fears that a £300million project to redevelop the south side of Coventry city centre has stalled have been dismissed by a leading councillor.

Coventry City Council has been working with London-based regeneration specialists Queensberry Real Estate on plans for the area.

The project covers Bull Yard, Shelton Square, City Arcade, Barracks car park and Hertford Street and would link other regeneration projects such as Friargate and Bishopgate.

A council report related to the authority’s financial strategy said the plans would only go forward “on the basis of an improved leisure and retail offer within the city.”

However, the same report states Coventry’s economy is under performing by nearly £1bn a year and that its city centre performs poorly - being 47th in the UK list of shopping centres despite being the 13th largest city.

Figures also show the number of properties currently empty in the city centre is 60 - an increase of five since the last quarter.

But Coun Kevin Maton, cabinet member for business, said he held a constructive meeting with the developers this week.

“The City Centre South project is not on hold,” he said.

“We are working with Queensberry Real Estate, our preferred development partner, to draw up proposals for new shops and restaurants and a cinema in and around Bull Yard, Shelton Square, Market Way and City Arcade.

“Our focus on the city centre is right and the plan will be truly transformational. It will move us right up the league table for shopping and our economic performance.

“Our grant funded improvements in Broadgate, Council House Square and other areas are making a huge difference.

“The new owner of Cathedral Lanes is on record as saying that the ambition of the council and the changes in the city centre played a part in the decision to purchase the shopping centre. Partners like this will play a key part in our work to make Coventry great again.

“Coventry needs a wider variety of shops and leisure opportunities and we are working hard to make sure we deliver this.

“Friargate will be connected to the city centre by the new bridge deck and with 15,000 new jobs planned the two are linked and mutually beneficial.”

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Re: Coventry city centre to get £300m revamp, says council

Postby JKPops » Wed Aug 17, 2016 7:11 am

dutchman wrote:
JKPops wrote:So how's the new city centre looking then?


Hi JK and :welwave: to the forum.

They're always making gains with these mass gainers and digging something up whenever I visit which is as seldom as possible. I prefer the out-of-town retail parks.


So how's the new city centre looking then? I haven't been to Coventry in a few years but will be back soon. Interested to see what their £300m bought them.
Last edited by JKPops on Mon May 09, 2022 11:21 am, edited 5 times in total.
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Re: Coventry city centre to get £300m revamp, says council

Postby dutchman » Wed Aug 17, 2016 2:05 pm

JKPops wrote:So how's the new city centre looking then?


Hi JK and :welwave: to the forum.

They're always digging something up whenever I visit which is as seldom as possible. I prefer the out-of-town retail parks.
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