Coventry and Warwickshire Development Partnership was a Joint Venture between Rigby Real Estate, SEGRO and Roxhill to develop the land surrounding Coventry Airport. The partnership was successful in securing planning for the development of 60 acres to the North of the Airport with Jaguar Land Rover as the major occupier. Part of the development is the new 193,000 sq ft UK Battery Industrialisation Centre (UKBIC) building which has reached practical completion and phase two is now underway to add the production equipment, services and the internal finish. Jeff Pratt, Managing Director of UKBIC, said “UKBIC will offer the same industrial-standard production equipment you would find in any major battery production factory around the world and is capable of running at the rates and volumes needed to tip the balance of risk and confidence in favour of new UK technology."
In January 2020 SEGRO acquired full ownership of the partnership.
36 Acres for Jaguar at Coventry
Jaguar Land Rover purchased 36 acres at Whitley South for new research and development space. This is in addition to the expansion of their powertrain facilities which will see JLR investing over £500 million in the area.