Coventry & Warwick Gigapark Investment Zone
Multiple investment opportunities in the Advanced Manufacturing and Future Mobility sectors with end user occupiers benefiting from Investment Zone tax incentives.
The Coventry & Warwick Gigapark is one of three key sites within the UK Government’s new West Midlands Investment Zone and is set to power the UK’s electrified future including energy security, sustainability and innovation.
Containing four adjacent sites totalling 2.5 sq km straddling the border between Coventry and Warwickshire, the Gigapark provides the infrastructure, scale and central location necessary to enable not just mass battery manufacturing development, but also supply chain activities, recycling, skills development and logistics.
Significant funds have already been allocated to improving utilities and transport infrastructure around the site. Investment Zone status will provide a mix of tax incentives, direct funding and business rate retention needed to deliver the scheme.
The location provides direct access to a world-class ecosystem of advanced manufacturing and R&D. As well as being the UK’s automotive capital, with anchor OEMS such as JLR, Aston Martin Lagonda and Geely, more recently Coventry and Warwickshire has emerged as a hotspot for battery technology and future mobility.
Altogether, the Coventry & Warwick Gigapark forms a unique and strategically important catalyst for accelerating the region’s future growth and development in new and exciting sectors
Investment opportunity
The size and scale of the collective sites offer significant opportunity for capital investors and end user occupiers with a focus on advanced manufacturing, future mobility and vehicle electrification activity
- Planning Status: Outline planning in place across the majority of the site with remaining land identified in local plan.
- Promoter: Variety of promoters including Coventry City Council, Rigby Real Estate and SEGRO
- Investment Type: End user occupier / Capital Investment and Co-investment
- Scale/Value: £4bn+
- Sector: Advanced Manufacturing / Industrial / Vehicle Electrification
- Timeline: Phased delivery 2025 onwards
- Lead: Public/Private: Public and Private