Construction work could begin this summer on a 575,000 sq ft speculative Coventry logistics scheme.
Rigby Real Estate is expected to start work in August on the distribution scheme on a 29-acre plot at Imperial Park Coventry – the first instalment of the long-awaited Coventry & Warwickshire Gateway scheme.
Planners approved the scheme earlier this summer. In the spring M&G Real Estate announced acquisition of the site in a £50m deal. They will also be funding the development.
Three units are planned with the largest 350,000 sq ft. Work on site is due for completion by spring 2017.