Final phase of low-energy eco-homes and offices now being built
An environmentally responsible, canal side mixed use development providing live-work lofts, apartments, low-energy homes and offices, created from the shell of Coventry's original Victorian power station.
Electric Wharf is designed as a live/work community with 37 live/work lofts, 40 apartments, 21 new-build, low-energy homes fronting the Coventry Canal and 27,000sqft of office space.
Demolition material has been reused on site, minimising landfill, the internal structures are made from sustainable timber. Recycled materials have been incorporated throughout.
New buildings incorporate higher standards of insulation to reduce energy use and working from home reduces car trips. New pedestrian and cycle routes are opened up linking to the city centre, encouraging walking and cycling.
The project commenced in January 2003 and the first live-work phase, Turbine Hall, completed in May 2004. All units were sold off plan with residents now in occupation. The first phase of office suites, Edison and Faraday Buildings, has also been successfully let, with ten businesses now in occupation and just 1 suite still available.
The second phase, the Generator Hall and Depot, comprises 23 further apartments and five office suites, completed in 2005. Only three apartments are still available, including a stunning Duplex unit in the Depot building. Prices range from £145,000 to £230,000. All five office suites are now sold and occupied.
The third phase, the Boiler House, completed in late 2006 and offers non-live/work buyers the chance to get into the Electric Wharf experience. 27 apartments are available without a live-work restriction. Nine further units are available as loft offices and a further 6,500sqft of offices are available to let or buy.
The final phase, the Cable Yard, will see 21 low energy, "Eco-Homes" built on the edge of the canal. These units offer three or four bedrooms/workroom space with a second floor, open-plan living room with mezzanine and full width balcony. All units feature energy and water saving measures expected to reduce annual household bills by £150pa.
The project has received £4.1m of grant support from the ERDF and SRB programmes managed by Coventry City Council and Advantage West Midlands.