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Creative Quarter Royal Leamington Spa
The Old Town of Leamington Spa is being regenerated as a new Creative Quarter, reimagining the oldest part of the town to provide a focal point for the town’s booming cultural sector.
Schemes will offer exciting new and regenerated spaces for people to live, work, play and create, delivering the key elements of the urban lifestyle that is fundamental to further expansion of one of the UK’s leading creative clusters.
Key facts
- There are opportunities for new creative workspaces and mixed-use schemes to service buoyant demand from the cultural sector, where demand currently considerably outstrips supply
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: Funding and development opportunities
- Value: £150m+ GDV
- Site size: TBC
- Jobs: 1,000
- Timescale: Construction in phases
- Delivery timescale: 2020-2028
- Planning status: Existing employment and mixed-use sites, various