Rainier Real Estate has submitted an outline planning application to transform the former 2.69-hectare Daimler car factory site on Sandy Lane in Coventry into a new residential development featuring an outdoor events space.
The company aims to build up to 250 houses and apartments around a central public plaza on the site of Sandy Lane Business Park and Sandy Lane Industrial Estate.
Existing commercial premises on the site will be demolished to make way for the new development, with the Daimler Powerhouse, which is currently home to Imagineer Productions’ creative hub, retained
The new homes will be a mixture of affordable and market-sale properties spread across a series of buildings varying in size between two- and five-storeys.
Richard Mees, chief executive at Rainier, said: “Our plans seek to demonstrate that the site is just as significant for the city of Coventry today as it was nearly 100 years ago for its automotive production – as it has great potential to enhance the local economy through additional spending power from new residents, while delivering value for the community with new facilities and investment in additional infrastructure.
“Not only does the site provide much needed new homes that will be designed in a way that is in-keeping with the site’s existing heritage and surrounding environment, it will also help to reduce both traffic and noise levels generated from existing commercial activity at the site.
“We’ve conducted extensive consultation with the local community on our proposals – including businesses such as Imagineer Productions – who have responded positively, particularly regarding the public plaza which will provide a unique space for the community to come together to celebrate the city’s cultural talent.
“This is one of Coventry’s most exciting regeneration opportunities that has so much potential to enrich the lives of residents, have a positive environmental impact, while creating jobs to help build on the legacy of this important site.”
