A scheme to rejuvenate unused business land by redeveloping the former passenger facilities at Coventry Airport has taken a significant step forward, following the submission of a Reserved Matters Planning Application to Warwick District Council.
With outline planning permission secured for the creation of a modern manufacturing and distribution hub – Imperial Park – granted in December 2015, the property division of Rigby Group PLC has now submitted its final plans for the site and expects to issue invitations to tender for the Park’s construction next month.
With initial works scheduled to commence on three self-contained units of approximately 63,500 sq ft, 165,000 sq ft and 350,000 sq ft in August, the developers are planning a build length of 42 weeks, with the project’s practical completion envisaged in Spring 2017.
Given the Imperial Park site’s central location and excellent transport links, agents Cushman & Wakefield, Colliers International and D&P Holt Commercial have already fielded initial enquiries from a number of companies considering operating from the new development, which is attracting particular interest from the distribution and manufacturing sectors.
Once complete, the development, which could bring up to 600 new jobs and a wealth of fresh investment into the local community, will have transformed an area of land that has lain unused for almost eight years following the closure of Coventry Airport’s passenger terminal and associated buildings.
Andrew Cox, Development Manager for Rigby Group’s property division, said: “With the submission of our Reserved Matters Planning Application for Imperial Park, we have made a key step toward taking an unused area and giving it renewed economic relevance as modern business hub bringing jobs and investment to the local community.”