Coventry to get £300m retail centre
Published: 09 February, 2012
WEST MIDLANDS: A £300m shopping centre is in Coventry City Council's pipeline to regenerate the city.
A 120 000sq ft anchor store located towards Bull Yard will provide retail over three floors and has been earmarked for a flagship tenant. Other spaces included for approval include a cinema complex, hotel, apartments and new and refurbished retail units as well as a1200-space car park.
The council is working with landowner Aviva on designs for the city centre South. It encompasses Bull Yard, Shelton Square, City Arcade, the Barracks car park and Hertford Street.
Cllr Linda Bigham, Cabinet Member for City Development, said: "This blueprint gives a real feel for the way the area will be developed. It builds on the work already under way in Broadgate and on the Station to Bull Yard route which was aimed at kick-starting the regeneration of our city centre."
The plans also fit with other regeneration projects like Friargate at the station and the transformation of Broadgate as the city's main events square, said Ms Bigham.
The plans look set to be passed by the council this autumn when the authority will then be seeking a development partner.