Cannon Kirk is to partner Coventry council on a 3m sq ft mixed-use scheme around the city’s Station.
The 8ha site will be masterplanned by architect Farrells to create an office and residential housing scheme which will include some leisure and shops.
The scheme will also link the railway station to buses, taxis and 600 car parking spaces as well as offering enhanced pedestrian access routes.
This will replace a dual carriageway ring road located between the station and the city centre.
Cannon Kirk is the majority landowner within the masterplan area, having bought a number of buildings as part of a site assembly programme.
The area currently houses a number of partly vacant office buildings, together with small shops and flats.
Michael Broughton, chief executive of Cannon Kirk UK, said: “Coventry has the potential to become a world class city.
“The development will be a key element in realising that potential, with a successful, growing economy and a vibrant and accessible city centre.
“We look forward to working in partnership with the City Council to deliver this exciting regeneration scheme.”
References: EGi News 30/05/06
