CEMEX House in the heart of Rugby town centre is set to be knocked down along with the former Gala Bingo building to make way for a new supermarket and shops.
After nearly 50 years in the building in Evreux Way, Cemex has decided to move out of the premises and has sold the site to a developer which is hoping to build a supermarket and shopping complex.
Ian Southcott, community affairs manager at Cemex, said: “We announced last year that we were seeking more modern and sustainable premises in Rugby and, as a consequence, the office has been on the market for a few months. I am now pleased to announce that the sale has been agreed.”
Cemex and JMKA (Rugby) Ltd - which has bought the site - have submitted a joint planning application to Rugby Borough Council outlining plans to demolish Cemex House and the former Gala Bingo building to build a supermarket and other shops in their place.
It was not yet been confirmed which supermarket will move onto the site but it would have 313 car parking spaces, a cafe and would open seven days a week.
Cemex, formally Rugby Cement, moved into the Evreux Way premises in 1964 where around 250 staff members are based. The company stressed it will stay in town.
Mr Southcott said: “We need to conclude negotiations on a new home in Rugby and then get everything in place for the move. I don’t envisage us actually leaving until well into 2012 at the absolute earliest. The original company headquarters were around the corner in North Street so this is not the first time the company has moved on to better premises in Rugby.”
Robin Richter from business group Rugby First said: “There are one or two other things going on that will see things moving forward and this is one of them. If we can get lots of good quality independent shops then that’s what will make Rugby different. That’s the future.”