Press Release: Business leaders view major commercial scheme

Business people from Coventry have been given a preview into one of the “important commercial sites in the city”.
Around 30 businesses attended a Coventry and Warwickshire Chamber of Commerce breakfast meeting at Whitley Business Park and learned how the site could become home to 2,000 new jobs.
Whitley Business Park is a £13million scheme spanning 93 acres, adjacent to Jaguar’s research and development centre, and situated just off the A45.
Mark Watkins, of developer St Modwen, outlined its plans for the £13 million the business park, which will eventually comprise 1.1 million sq ft of top quality office and industrial space, together with a new link to the A45/A46 junction.
Work on the first phase – Lakeside – which features six buildings of between 2,979sq ft and 25,960 sq ft, is now completed and companies have moved into the development. 
David Penn, of agents Shortland Horne who are marketing the development along with Savills, then gave an overview of the property market in the city.
Amrik Bhabra, chair of the Coventry branch of the Chamber, said that Whitley Business Park was key to the future commercial growth of the city.
He said: “I think everyone was excited by what they heard and saw. Not many people had visited the site before and it was interesting to learn just how big the finished development will be and what a crucial role it can play in the city’s future.
“David Penn’s assessment of the commercial property market did hint that, like the economy in general, we are through the worst and he spoke optimistically about the future.
“The city needs developments like Whitley Business Park to help attract new companies as well as accommodating expanding companies who want to stay in the city.”
Watkins said: “Whitley Business Park has quickly established a reputation as a high calibre commercial property scheme, and we are proud to welcome the Chamber of Commerce along to outline the part the business park will play in Coventry’s economic development and the city’s future growth as a thriving destination for business.”
Prices are available upon application. More information is available from Shortland Horne on 024 7623 2970 or from Savills 0121 633 3733.
Media enquiries:

Adam Dent

Advent Communications

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Sandy Lane

Coventry CV1 4JA

Tel: 024 7663 3636

http://www.advent-communications.co.uk