The revised plans propose up to 1,300 new homes, new modern retail units, a cinema, bars, restaurants, a pavilion and more.
Pictured: Computer-generation vision of the development, showing the current Bull Yard area.
The proposed Coventry City Centre South redevelopment project, which has long seemed distant and unlikely to materialise, has taken a step forward as the developers release a revised plan, set out a timeline and begin a public consultation.
The plans encompass the modernisation of 15 acres (the equivalent of 9 football pitches) of Coventry city centre, including Bull Yard, Shelton Square, Market Way, City Arcade and Hertford Street.
Headed by the Shearer Property Group, the urban regeneration specialists behind the successful reinvention of Cathedral Lanes as a lively new dining quarter, the redevelopment envisions a flexible, easily adaptable space that can evolve with the community.
Amongst the eye-catching aspects of the plans include up to 1,300 new homes in the city centre, and the associated infrastructure to support them, plenty of new retail units, a cinema, cafés, bars, restaurants, hotels, and 20,000 square metres of landscaped public spaces.
Between 1,100 and 1,400 new jobs are estimated to be created, with up to 620 additional construction jobs created throughout the duration of the project.
A landmark of the project is The Pavilion, a space intended to evoke the kind of artisan atmosphere felt at London’s famous Covent Gardens – featuring a dynamic variety of pop-up retail and leisure providers.
The building will also provide space for public events and interactive community intiatives.
Pictured: Computer-generation design of The Pavilion.
The facades take inspiration from Coventry’s post-war heritage, delivering a modern take with the use of brick and stone.
An abundance of public space makes up a core part of the plan, with new outdoor space surrounding the indoor market, event spaces near The Wave and a courtyard for rest within Bull Yard.
The developers explained that assuming no issues crop up in the meantime, work will start on the site around September 2022.
Coventry City Council has secured a £98.8m grant from the West Midlands Combined Authority towards the cost of the scheme, which is expected to cost in the order of £350m.
All these proposals are currently at an outline stage, with a two week digital public consultation beginning from today, allowing the public to have their say on the plans.
Guy Shearer at Shearer Property Group, commented on the plans, saying: “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.
“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.”