Coventry airport is set for a £250million investment from its new owner Sir Mike Rigby to redevelop surrounding land to create a new business park creating upwards of 10,000 new jobs. Green belt land to the north of the airport and former factory Alvis to the south will be used to create the park, while the airport itself plans to return to passenger flights to tourist destinations.
The news which was announced at a press conference will be met with its critics as did previous similar plans, though developers hope to gain support from the government and locals this time by introducing a link road on the A45.
The council and Mr Rigby will be applying to the government to make it an enterprise zone where potential businesses will get tax breaks and relaxation of planning laws. The new scheme also includes the building of a new hotel and restaurant next to the airport.
Thursday 21 April 2011
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