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Coventry regen scheme set to go with £98.8m boost

A Coventry city centre redevelopment has received a major funding boost after West Midlands Combined Authority (WMCA) awarded it almost £100m.

The scheme, called City Centre South, which could be worth more than £200m, has been given a boost of £98.8m by WMCA.

This is the largest amount of devolution funding the authority has awarded to date.

Plans for the scheme include the creation of retail, residential and leisure facilities well as new homes.

A developer is yet to be announced but as many as three consortia could be procured.

City Centre South was given outline planning consent in 2012.

Vinci is currently delivering a £73m student accommodation scheme for Coventry University in the city centre.

More than 1,000 rooms will be built over a 1 ha site and the scheme is expected to be completed by the end of August 2018.

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