Industrial (B2)
Infrastructure
Office/Commercial
Research & Development
MIRA Technology Park South Site
MIRA Technology Park is one of the UK’s leading Enterprise Zones and a location for over 40 major international high-tech engineering and cleantech companies. With global corporates such as Bosch, Toyota and Jaguar Land Rover alongside electric vehicle innovators such as Polestar, REE and Warwick Acoustics as occupiers, it comprises Europe’s largest and fastest-growing innovation centres for high-tech engineering, autonomy, electric and hydrogen propulsion systems.
A £200m+ funding opportunity for occupier-led investment in the industrial sector with potential also for a multi-phased development approach.
The South Site provides a rare opportunity for strategic advanced manufacturing facilities with associated links to the extensive R&D facilities at MIRA.
Key facts
- One of the UK’s leading Enterprise Zones
- Over 40 major international already call MIRA Technology park home, including Bosch, Toyota, Jaguar Land Rover, Polestar, REE and Warwick Acoustics
- One of Europe’s largest and fastest-growing innovation centres for high-tech engineering, autonomy, electric and hydrogen propulsion systems
- Opportunities within the South Site
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 also 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: Forward funding for identified occupier(s)
- Value: £300m GDV
- Site size: 58 Hectares
- Jobs: 2,500
- Timescale: 2022-2024
- Delivery timescale: Immediate
- Planning status: The site has recently received approval for 2.3 million ft² of Class E, B2 and ancilliary B8 use