Rainier Developments is working up proposals for the redevelopment of Sandy Lane Business Park and Sandy Lane Industrial Estate in Coventry.
The former Daimler car factory site, which has been owned by The Wigley Group since 2006, has been earmarked for regeneration by Coventry City Council.
Rainier’s proposals are likely to include a mix of uses, including new homes and commercial space in a canal-side location. It hopes to submit a planning application to the council in due course.
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.”
