Developers have been given the green light to build almost 500 homes and new business units on the site of a factory in Coventry.

Full planning permission was given at the end of May on the site of the Meggitt Aircraft Braking Systems, on Holbrook Lane, Holbrooks.

The 21.83ha brownfield site will be split up between two residential plots totalling 499 homes as well as one commercial plot for office or storage/distribution use.

Part of the existing Meggitt factory in the centre of the site will be retained, as well as the existing Dunlop Sports Club fields which forms part of the overall site.

The mixed-use scheme is a joint venture between Black Elk Estates, Taylor Wimpey, Persimmon Homes and Holbrook Lane Investment.

The development will include 301 two-storey homes and 140 two-and-a-half storey homes in a mix of detached, semi-detached and terraced dwellings.

A further 64 apartments will also be built within four-storey buildings.

The business units will include around 23,660m of space, with Swallow Road reopened to the public for access.

In total, the scheme will be split between four parcels of land, each with a different developer. They are:

  • The Holbrook Lane Investments LLP site – 254,676 sq ft commercial
  • The Taylor Wimpey site – 152 dwellings
  • The Persimmon site – 347 dwellings
  • Sports fields – existing site to be retained

The plans also include 25 per cent affordable housing.

In planning submissions, applicants said the scheme will create “an integrated residential community with a sensitive relationship to the existing urban environment and its setting”.

Aerospace firm Meggitt is moving most of its operations from Holbrooks Lane into a new centralised ‘super site’ on Ansty Park which will employ up to 1,000 people.

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