Faded shopping centre looks set for an upgrade

Cathedral_lanes_coventry_12u07By Kevin Boateng

Cathedral Lanes Shopping Centre in Coventry has been sold to a property group with plans to revamp the site.

The Shearer Property Group, which is based in London, has purchased the site for an estimated £6 million.

The group plans to modernise the building, by adding a second floor to facilitate make space for a new restaurant, as well as replacing the wall bricks with glass.

Councillors have agreed to invest taxpayers’ money to support the project.

The shopping centre was once labelled as a new generation over 25 years ago. But the managing director of Shearer Property Group, Guy Shearer, described it as ‘‘largely vacant’’.

The leader of Coventry City Council, Ann Lucas, said: ‘‘Partners like these will play a key part in our work to make Coventry great again.’’

The group plans to complete the project by December 2015.

Sub-edited by Simon Pipe

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