Regeneration plans supported by investment of £ 775,000

Abbey Street redevelopment CGI in downtown Nuneaton

The plan to transform the site of a former gas works in Nuneaton town center into a leisure destination is supported by an investment of £ 775,000.

The Abbey Street site is to be regenerated in two phases, the first being a 145-room hotel creating more than 30 new jobs while the second will include a cinema, offices, homes and a public plaza.

This new grant from the West Midlands Combined Authority will help cover the cost of demolition and land clearing work so that work can begin on the £ 30million first phase.

The Abbey Street development is part of Nuneaton and Bedworth Borough Council’s Transforming Nuneaton works program.

In addition to the planned hotel, the larger site is also reserved for recreation buildings, a catering hall, a university facility and a multi-storey car park.

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West Midlands Mayor Andy Street said: ‘Even before the pandemic many of our city centers and shopping streets were struggling as more people turned to online shopping and it had become clear that cities had to diversify what they could offer visitors.

“The future of Main Street will not only be about retail, it will also be about utilities, small businesses, community activities and homes.

“This is why I am so happy that the Combined Authority was able to support this exciting project in downtown Nuneaton.

“This is yet another example of the brownfield investments we have continued to make throughout the pandemic to help stimulate our region’s economic recovery and provide affordable housing and good quality jobs to the population. local.”

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Nuneaton and Bedworth Borough Council Chief Cllr Kristofer Wilson added: “The council is working hard to take advantage of any opportunities we can find to strengthen our offering for the rest of the region and the UK .

“The location of our borough in the heart of the country is an essential factor in the contribution we can make.

“This vital funding will ensure that downtown Nuneaton is ready to play its full role in the economic powerhouse of the West Midlands.”

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