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Phoenix Bars Get Thumbs Up

Plans to open seven bars and cafes at the heart of the Phoenix Initiative have moved a step closer after Coventry City Council agreed to grant provisional licences for the development.

It means that the £20 million Priory Place development will include several new bars and restaurants.

There will also be 85 new flats and an underground car park in the development, which should get underway this autumn.

The firm responsible for the project, which is part of the Phoenix Initiative, say the granting of the licences means it will be easier to attract would-be tenants.

Ian Harrabin, managing director of Complex Development Projects, said there already has been a lot of interest from national chains eager to move to Coventry.

He said it had been quite difficult to explain the entire project while it remained on paper.

But he added that the licences were a good way of showing people that something would be happening.

He said:

“This is quite an important step in terms of marketing to tenants. I cannot reveal any names but there is already a list of eight parties that have expressed serious interest.

“The Phoenix Initiative is not just like designing a building. We have to wait for the outcome of the public inquiry before we know when things will be happening.”

“It will be Coventry’s mini-Brindley Place, but there are flats instead of offices.

“All being well we should be open for trade by December 2001.”

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The Giant Card Company, Coventry

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CWN / Politics / Coventry City Council / 10 Apr 00

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This page modified on 10 November 2008 09:49:15AM