New Union Street Car Park
Large scale residential led opportunity in a prime city centre site location.
This former car park site provides scope for the creation of a gateway development of residential apartments within the city centre, with allowance to target 25% affordable provision.
The potential development provides an opportunity for the inclusion of an active frontage to include retail or leisure uses.
This fantastic site sits on one of the major high footfall pedestrian access routes into and through the city centre.
Investment opportunity
Disposal of this site for an interesting and vibrant high-quality residential-led, mixed-use development at this prominent city centre location just a stone’s throw away from Coventry Technology Park and within walking distance of local amenities and major connections including Coventry Railway Station, the retail heart of the city centre and Coventry University.
- Planning Status: Concept stage
- Promoter: Coventry City Council
- Investment Type: Development Partner (anticipate BtR)
- Scale/Value: 150 – 200 unit scheme, £40 – £65m GDV
- Sector: Residential-led mixed-use
- Timeline: Available for investment subject to planning approval
- Lead: Public/Private: Public