Work starts at Imperial Park in Coventry

Construction has started at Coventry’s Imperial Park, after Warwick District Council gave detailed planning permission for three units 350,000, 165,000 and 60,000 sq ft earlier this month.

The development is a partnership between M&G Real Estate, Rigby Group and Evander Properties. M&G Real Estate acquired the 29-acre site earlier this year, has committed over £50 million to the development.

Paul Crosbie, head of logistics and industrial at M&G Real Estate, said: “Our commitment to speculatively develop these prime units underlines our belief in this West Midlands location as a core UK logistics hub where there is a diminishing supply of Grade ‘A’ accommodation and robust demand from a variety of industrial occupiers.”

Andrew Cox of Rigby Real Estate said: “Imperial Park is a major scheme which will transform an unused area of land, giving it a renewed economic relevance as a modern business hub bringing jobs and investment to Coventry and Warwickshire, and the wider regional economy.”