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Published byAudra Simmons Modified over 6 years ago
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Improving the economic and social well being of the city
Using capital resources and ‘Innovative Coventry’
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Issues facing Coventry
Reducing Government revenue support Low Council tax base Constrained boundaries Few strategic brown- field sites Surrounded by extensive areas of Greenbelt Inward commuter migration Poor retail provision Opportunities for development on the boundary
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Constrained boundaries
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Cross-border co-operation
Tight boundaries mean closer working with neighbours Benefits to city and the surrounding shires Strengthening the city at the heart of the sub-region Developments - Ansty Park - Gateway - Warwick University Strategic transport infrastructure NUCKLE project A46/A45 improvement programme
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Long term strategy Use EU funding, LEP grants and prudential borrowing to : Grow business rates Increase Council Tax revenue Regenerate the city centre
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Kickstarting new business district
Friargate –new Council offices Reuse sites of existing Council offices in city centre Improved public realm Major improvement to Rail Station and wider transport Hub
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Friargate – New Office Business District
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City Centre City Centre South Coventry University expansion
Improving the public realm Purpose built student accommodation
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Driving footfall Sports Centre and Water Park
Capitalise on culture, heritage and tourism Business tourism – city centre hotels and conference facilities
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Housing and jobs Jobs growth – JLR and Geely Increased house building
Growing the city population and Council tax base
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Innovative Coventry Broadband infrastructure, 4G and WiFi
Inteligent Mobility - driverless vehicles Heatline district energy £50m Coventry Investment Fund Coventry Cloud Energy data management and sharing
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Smart city Huge potential for collobrative growth
Holistic approach to regeneration and infrastructure really packs a punch More visitors and increased spend Housing and jobs Cross-border co-operation Smart city Increased council tax & business rates revenue New business district
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