A £50 million project by St Modwen Properties PLC through its joint venture company Key Property Investments, to redevelop 100 acres of the former GEC industrial estates in Rugby- the largest ever brownfield development in the borough – is expected to commence in the summer.
Rugby Borough Council has resolved to grant planning consent for the mixed use redevelopment of 80 acres in Leicester Road where a new campus for Warwickshire College is to be built together with a new link road between Mill Road and Leicester Road to relieve congestion in Boughton Road, and 20 acres at Boughton Road.
Apart from the college, the development will comprise 100,000 sq ft of offices/employment accommodation plus a 35,000 sq ft DIY retail store, 770 dwellings and the retention of existing employment space occupied by Converteam
The development is the culmination of three and a half years work by St Modwen, Rugby Borough Council and Warwickshire County Council with a large degree of consultation with the public and other stakeholders.
Peter Robbins, of St Modwen Developments, said: “This is the largest brownfield scheme to come forward in the borough and the Borough Council has shown great commitment in developing the proposals for these sites. We thank the Borough Council for the significant effort they have put into this project both in terms of time and resources.
“It is pleasing to see the level of support that these applications have received, both from the council and the local community.”
For further information contact Peter Robbins of St Modwen (0121 222 9400). Issued by Paul Raymer of Howle Chapman Raymer (0121 236 7771).