
Leisure
Office/Commercial
Residential
Retail
Friargate Coventry
Friargate is transforming the Coventry’s commercial landscape, seamlessly linking the core with Coventry Station through a high-quality, pedestrian-friendly public realm. This £700 million development, delivered by a public-private partnership through Friargate JV Project Limited, is designed to drive economic growth by expanding the city centre southward with premium office, residential, and hospitality space.
Friargate is a commercially led development designed to attract top-tier occupiers with best-in-class workspace and sustainable infrastructure. Phase 1 includes One and Two Friargate, both built to a Grade A specification, alongside Hotel Indigo, a 4-star, 100-bedroom hotel that opened in January 2024. All the buildings are powered by a district heat network, enhancing energy efficiency and helping ESG-conscious businesses reducing costs and carbon footprints.
Future phases will introduce 2 million sq ft of high-spec commercial space, a new hotel, and hundreds of high-density residential units, transforming Friargate into a vibrant, 24/7 urban destination. This carefully curated mix fosters a dynamic, sustainable community, boosting footfall and enhancing placemaking.
As Coventry continues its evolution as a key UK business hub, Friargate is primed to redefine its urban fabric, offering a compelling opportunity for investors, businesses, and residents alike. With exceptional connectivity and a future-ready approach, Friargate is setting a new benchmark for mixed-use city centre regeneration.
Key facts
- Powered by a district heat network, reducing net emissions
- Existing buildings BREEAM Excellent
- Secured bike parking provision
- Enhanced bio-diversity through the delivery of green corridors and public realm as part of Phase 1
- Accessible pedestrian permeability, connecting Friargate to the City Centre



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: Co-investment; funding; public-private partnership
- Value: Estimated £700m GDV
- Planning status: Outline Planning Consent
