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Urban Regeneration
Rugby Town Centre
A mixed-use redevelopment within one of the fastest growing authorities in the UK and located in the heart of the Midlands’ ‘Golden Triangle’. A re-imagining of the town centre to ensure it remains at the heart of the Borough.
Rugby Borough Council is seeking a range of investment opportunities including development partners, forward funding and occupiers in new office, retail, leisure, residential and mixed-use town centre developments.
Projects area postcodes include: CV21, CV22, CV23
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: Development partners, forward funding and occupiers
- Value: £300m
- Site size: TBC
- Jobs: TBC
- Timescale: 2022 – 2035
- Planning status: Rugby Town Centre Regeneration Strategy adopted December 2022, various