Property firm appointed to Coventry regeneration scheme

Rainier Developments has agreed a deal to bring forward a major regeneration scheme in Coventry.

The Warwickshire-based developer will begin working on new proposals for Sandy Lane Business Park and Sandy Lane Industrial Estate, north of Coventry Canal Basin.

Plans are likely to include new homes and workspaces, on the canal side spot.

The former Daimler car factory site, owned by The Wigley Group since 2006, is set for a makeover by Coventry City Council. The former Daimler Powerhouse was previously transformed into a modern creative hub by Wigley, costing £2.4m.

Richard Mees, chief executive at Rainier Developments, said: “Sandy Lane is one of Coventry’s most exciting regeneration opportunities. We will bring forward proposals which will enhance the local economy and provide value for the city and community.

“The Wigley Group has made significant progress promoting the site for regeneration. Not least bringing Daimler Powerhouse into use as a creative hub. We will build on this legacy as we review the vision for the site. Given the changes to market conditions since plans were first published, we will be reviewing every aspect of the approach and submitting a new planning application for this prominent brownfield site.”