News Archive

CONSTRUCTION STARTS ON 1.1 MIL SQ FT WHITLEY BUSINESS PARK PROJECT

St Modwen, the U.K’s leading regeneration specialist, begins construction work this month on the first phase of Whitley Business Park in Coventry, which when fully developed will have the capacity to generate more than 2,000 new jobs.

Permission has been granted for an initial 67,000 sq ft of office space arranged over eight buildings ranging from 2,831 sq ft to 26,000 sq ft, to form the initial phase of the business park to be created on land that St Modwen acquired from Jaguar and Coventry City Council a year ago.

The new 93 acre mixed use business park has the potential to accommodate

1.1 million sq ft of space including business headquarters, R and D and industrial uses. Whitley Business Park will be a flagship development that will attract established and new businesses, as it can provide both small front door units and buildings of up to 300,000 sq ft that would be suitable for large companies seeking prestigious headquarters.

The business park is being set in a mature landscaped environment with good communication links. It is located at the junction of the A45/A46 interchange, two miles south-east of the city centre and close to Coventry Airport.

Paul Smith, from St Modwen, said: “We are delighted to have secured planning for this first phase at Whitley Business Park. It will be a fantastic flagship development set in attractive grounds that will significantly augment the current business space available in Coventry.

“Following the decline of the city¹s traditional manufacturing base, we have recognised the need for new business environments to be created in order to facilitate the transition from manufacturing to the business sector within the city. We believe that Whitley Business Park will act as a catalyst for other business developments as demand for new quality space increases.”

He added that the business park, being in a prime location close to the city centre and Coventry Airport, benefits from excellent transport links that make it attractive to companies both local and further afield.

Coun. Kevin Foster, Cabinet Member (City Development), Coventry City Council, said: “This development is good news for Coventry and proof that the city is transforming its economy to take advantage of the opportunities presented by high tech industries. The large number of skilled jobs being created will help to give more local residents the chance to succeed and get a well paid job.”

He added: “As a local Ward Councillor for Whitley, I am also pleased that the developer has worked with local residents in developing this scheme and taken on board some of their views in drawing up their final plans.”

Initial infrastructure work on the site involved re-configuring Jaguars existing car parking and creating a new roundabout entrance for the park.

The first units, which will have sustainable building design to achieve a ‘very good’ BREEAM rating, are scheduled for completion and available for occupation in November .

Julian Hetherington, director, Manufacturing Business Office for Jaguar Land Rover, said: “Jaguar is delighted at the prospect of high quality economic development neighbouring its existing Engineering Centre, and is fully supportive of St Modwen’s site plan which will bring benefits not only to the new occupiers but to our business as well.”

Savills is agent for the development.

For further information contact Paul Smith of St Modwen (0121 222 9400).

Issued by Paul Raymer of Howle Chapman Raymer (0121 313 1000)

Ref: MOD/40/08