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Regeneration specialist, Shearer Property Group, has today launched a website outlining plans to deliver a transformational mixed-used destination that will revitalise Coventry's city centre.
The new proposals will respect the legacy and heritage of Coventry and will build something exciting for the future. The scheme will usher in a new era for the city and will help draw people back to the city centre to live work and play.
The proposals set out to create a new focal point, Coventry City Centre South, for all of Coventry’s communities to come together, as well as drawing in visitors, with inviting new public realm and accessible events space at its heart.
There will also be a dynamic leisure offer including cinema, restaurants, co-working space, a medical centre alongside a variety of different shopping outlets. The plans will bring forward a significant number of new, quality homes for local people to rent or buy and space for a hotel.
The new-look scheme will be one of the most significant opportunities for regeneration and investment the city has seen for decades. These proposals are currently at an outline stage, but on the website which launched today the public will be able to view them and have their say in a digital public consultation.
The consultation will last for two weeks, and due to impact of COVID-19 will take place digitally, but with ample opportunity to feedback and can be accessed online.
Shearer Property Group (SPG), has six years of experience in Coventry, working on Cathedral Lanes and Upper Precinct and bring a proven track record in unlocking regeneration for complex mixed-use sites including Southgate Centre Bath, Grand Arcade Cambridge, Parkway, Newbury and the former Dickins & Jones department Store in Regent Street, London.
Guy Shearer at Shearer Property Group, commented: “We have been working in this great city for many years and have invested huge resource into successfully delivering both Cathedral Lanes and The Precinct in collaboration with the Council.
"We are now embarking on the next chapter of Coventry’s ambitious vision to regenerate City Centre South. Our scheme will re-introduce a community back into the heart of the City and create a vibrant place where people will once again want to live, work and socialise.
“This is a challenging time with the ongoing health situation around COVID-19, but we remain committed to progressing the City’s vision. We hope as many people as possible take part in the digital consultation and we look forward to engaging with local residents and businesses over the next two weeks.
“It is important for the people of Coventry to have an opportunity to review the proposals and provide us with their feedback to ensure that their new city centre is representative of the whole community and one that Coventry will be proud of.”
Cllr O’Boyle, Cabinet Member for Jobs and Regeneration, at Coventry City Council added: “This consultation is the first phase of presenting a new plan for city centre south. I've said many times, cities are changing due to consumer habits and expectations.
"The city of tomorrow is very different from yesterday. This plan will accommodate all the factors which reflect how town centres are evolving. I am committed to that change because without change the centre will be forever in decline. This is a fact all city centres are facing but in Coventry we have a chance to take advantage now. And we will.”