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Transforming Nuneaton
Aimed at creating a thriving, vibrant town with an ambitious and aspirational programme of mixed-use development including residential, leisure and offices.
The promoters are seeking a developer for a prime development site in the heart of Nuneaton town centre. Anchored by Warwickshire County Council’s new library and business centre, this 2-hectare site provides the perfect opportunity for a private developer to bring in new mixed-uses to the town, building on the new McCarthy and Stone development opposite and linking to the wider ambitions for the town, including the new Grayson Place development.
Nuneaton is the largest town in Warwickshire, near Birmingham and East Midlands airports and High-Speed 2 Hub at UK Central. It is also the mainline station town for the 200,000m² autotechnology campus MIRA Technology Park and is on the doorstep of two major research universities.
Key facts
- A programme of mixed-use developments including residential, leisure and offices
- Construction is in phases and work is under way at Grayson Place to deliver a new hotel in summer 2024
- Nuneaton town centre is the largest town in Warwickshire
- Great links to Birmingham, East Midlands airports and High-Speed 2 Hub at UK Central
- A range of opportunities available
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: Forward funding and joint venture developer
- Value: £100m+ GDV
- Site size: 5 hectares
- Jobs: 3,000
- Timescale: 2020-2028
- Delivery timescale: 1-5 years
- Planning status: Existing employment land, outline planning submitted, determination due late spring 2024