Nuneaton & Bedworth Borough Council and development partner Queensberry have launched a new mixed-use development, Grayson Place, in the heart of Nuneaton in Warwickshire, England.
The £68 mln (€77 mln), 2.3-hectare town centre redevelopment in Abbey Street will see the addition of a blend of leisure units, retail space, a food hall and 5-screen cinema alongside 30 new homes, office space, education facilities, a hotel and a multi-storey carpark.
Grayson Place will include 29,000 ft2 (2,700 m2) of leisure, a 10,000 ft2 food fall and 8,000 ft2 of other F&B and retail, as well as an extensive new public realm.
llr Kris Wilson, leader of the Nuneaton & Bedworth Borough Council, said: ‘We are confident that the regeneration will create a strong hub for the community whilst ensuring that the town reduces its impact on climate change. The programme will unlock a wealth of business and education opportunities, as well as pave the way for additional housing development and infrastructure.’
Grayson Place is already under construction with partners BAM Construct UK. Phase 1 of the scheme will open early 2024 with the launch of a new Hampton by Hilton hotel. The hotel, the first ever in the town centre, will offer 145 rooms. The next phase of Grayson Place, adding new leisure and culture facilities, a public square and a new town centre campus for North Warwickshire and South Leicestershire College, will complete in early 2025.
Grayson Place has received funding from the West Midlands Combined Authorities (WMCA) to bring forward the first phase of the project. Further funding for the development comes from the government’s future high street fund and towns fund and the Coventry and Warwickshire local enterprise partnership.