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Residential
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Urban Regeneration
Coventry City Centre South
City Centre South is a 6.5 ha regeneration project aiming to create a vibrant, mixed-use destination in central Coventry. It is being brought forward by Shearer Property Regen Ltd, a joint venture between Hill Group and Shearer Property Group.
The project involves the construction of 1,550 city centre residential units and alongside commercial and leisure space, fantastic new landscaped public spaces. with a biodiversity net gain of 285%.
The scheme is being delivered over two phases, with the first phase bringing forward 991 mixed-tenure one, two and three- bed homes and approximately 85,000 sq ft of new commercial leisure space.
Sitting at the heart of this phase will be a new public square which will support existing and new traders by providing an inviting operating environment with a strong focus on FnB. Adjacent to this development is the City Centre Cultural Gateway (CCCG) which will provide a state of the art leisure and cultural venue, working in synergy with City Centre South.
There is an immediate forward funding/purchase opportunity for a built-to-rent operator for over 300 units as part of the initial phase.
Key facts
- Outline Planning Consent
- £450m Estimated Gross Development Value
- Provision of over 17,000 sq m of accessible public space
- Over 200 new tress and green roof spaces resulting in a 3x improvement in biodiversity
- Connecting to the EQUANS District Heat Network
- Active transport initiatives, such as cycle hire and integration with CCC Very Light Railway



Opportunity location
Why invest in Coventry and Warwickshire?
Talent, creativity, connectivity and culture are driving local development across Coventry and Warwickshire – a dynamic region in the UK Midlands.
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. Key developments include plans for a new 530,000m²+ Greenpower Park to include the West Midlands Gigafactory; 37ha of employment land for manufacturing south of MIRA Technology Park; and the UK Battery Industrialisation Centre, a £130m strategic investment in the UK battery supply chain.
Culture and creativity are also proving a strong catalyst for investment. Coventry as the UK City of Culture in 2021 and 2022 has seen a national cultural focus on the city and the visitor economy and the region played a leading role in the 2022 Commonwealth Games.
Coventry and 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 and will form a key part of the new Leamington Creative Quarter project.
Insight for investors
- Type of investment sought: BtR Investor/Operator
- Investment required: £50,000,000+ for BtR forward funding or purchase opportunity
- Value: Estimated £450m GDV
- Site size: 6.5 hectares
- Planning status: Outline planning consent
