Prep work begins at £450m Coventry regeneration project

Coventry’s city centre is gearing up for a major transformation with the start of preparatory works for the £450m City Centre South regeneration project.
The Hill Group and Shearer Property Group (SPG) have kicked things off, with the first phase involving the installation of hoardings at City Arcade.
Starting January 27, City Arcade will be closed to pedestrians, blocking access from Queen Victoria Street to Shelton Square as work begins to reshape the area.
Once complete, the development will bring nearly 1,000 new homes, including 200 affordable units, alongside retail and business spaces, and public areas designed for a pedestrian-friendly environment.
Andy Fancy from The Hill Group said: “We are delighted to be starting the early preparatory works at City Centre South as part of our commitment to the delivery of this transformative city centre development. The installation of hoardings will start with the closure of City Arcade, extending through the back of the market, Market Way, and parts of Hertford Street.
“Throughout this project, we are committed to ensuring that residents and visitors have continuous, convenient access to their favourite shops and destinations in the city, now and in the future.”
Stretching across areas like Hertford Street, Market Way, City Arcade, and Bull Yard, City Centre South is set to become a central quarter for Coventry over the next decade.
Designed by London-based Allies and Morrison, the development hopes to blend modern architecture with Coventry’s rich history.
Construction won’t begin until summer 2025, with the first homes expected by early 2027.
While the redevelopment gets underway, the rest of Coventry’s city centre, including the market, will remain open for business.
Cllr Jim O’Boyle cabinet member jobs, regeneration and climate change said: “This is a really important step for City Centre South and it’s great that work will soon be starting on the ground. The new homes and shops will help to provide a new community in the city centre and this will help to ensure the area and the wider city is vibrant and busy. In the meantime – the rest of the city centre and the market, of course, are open for business.”