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City centre sees massive cash injection with over £100m invested

Published Wednesday, 06 November 2019

Record-breaking grant investment is set to change the city centre. Coventry City Centre has seen huge investment this decade – with more to come ahead of the city’s year as City of Culture in 2021.

Since 2011, over £50 million has been invested including the transformation and pedestrianisation of Broadgate, an improved walking route between the railway station and the city centre and work to improve the setting of some of the city’s most beautiful buildings including Holy Trinity church.

The former Nationwide has already been knocked down to re-open the link between Hertford Street and Broadgate and work is underway to remove Coventry Point which blocks the link between the fountain and Market Way.

Councillor Jim O’Boyle, Cabinet Member for Jobs and Regeneration, said: “We want the city centre to be a place that local people feel proud of, that works for business and which attracts shoppers and visitors.

“Our investment ahead of the Olympics led to significant private sector investment and as city centres adapt and change we know that how a place feels – the quality of the paving and planting, the public realm, will be increasingly important.

“Work is underway to remove the escalator and that’s just the start really. There is lots more work to come as we combine the best of the old with the best of the new.

“Our year as City of Culture is set to be really great – but it’s the legacy it leaves for local people that’s really important.”

The upcoming works to Upper Precinct will see the demolition of the green escalator, as well as new seating and green areas, plus a new water feature. Hertford Street is set to undergo a re-vamp with new paving and it will become the new home of the food vans who are currently in Market Way. Alongside this, Coventry Point is currently being demolished and a new children’s play area is being built in Bull Yard beside The Wave.

The latest plans come with investment funded from the Coventry and Warwickshire Local Enterprise Partnership and the West Midlands Combined Authority.

Councillor Patricia Hetherton, Cabinet Member for City Services said, “It’s great to see so much happening. It’s fantastic that all our hard work and planning is paying off. We’re seeing lots of development and lots of changes, which is great news for residents and for businesses.

“We’ve got a lot of work ongoing at the moment and I’d like to thank people for their patience while we get on with this important work – it will certainly all be worth it. Businesses will be open as usual and we will time work overnight where we can.”

Find out more about the work in the city centre.

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