Our Centre Manager from Fig Offices Coventry, Caroline, has watched the city evolve in to a hub for business growth.

Here she lists her top 5 reasons why Coventry could benefit your business.

 

 

Becoming UK City of Culture in 2021

 

 

There’s no disputing Coventry being chosen from a very competitive list of candidates will have a truly transformational effect on the city. The economic and cultural benefits across the board cannot be under-estimated. In addition to growing the city’s creative industry, celebrating diversity and bringing benefits for young people provides limitless opportunities for the city.

 

Extensive development happening

 

 

  • The creation of Coventry’s new business district Friargate is now expected to be completed by 2027, which should eventually see 25 new buildings, including 14 Grade A office blocks, housing and a hotel. The 37-acre development will see the creation of more than three million sq ft of new space and is expected to create up to 15,000 jobs.
  • Coventry’s City Centre South retail scheme took a big step forward in November last year after councillors sanctioned moves to acquire long leasehold property interests on the proposed site.
  • Plans for a £36.7m water park and leisure centre to replace Coventry Sports and Leisure Centre have were given the go-ahead in summer 2016 by the city council. The centre is due to open in Spring 2019.

 

Location

75% of England is within a 2 hour drive time of Coventry –

  • With a commute time of as little an hour to London and 25 minutes to Birmingham on the train.
  • Six million people live within a 1 hour drive of Coventry.

 

Growth

Coventry is one of the top 10 cities in the country for jobs growth, patents granted and business growth over the past decade.

 

Education

Coventry and Warwickshire boast an extremely skilled population, with 55% of the working population educated to a NVQ level 3 or above. Coventry also has two top 20 ranking universities; Warwick University at number 8 and Coventry University at number 12.