The site has been empty for three years since the company closed the plant with the loss of 400 jobs. The company has concluded a deal with Solihull-based First Industrial Developments.
The redevelopment of GE Lighting’s old factory site in Leicester could create 1,000 jobs.
Debt-ridden decorative lighting brand Fontana Arte has been bought by Italian home automation maker Nice for £2 million.
Tadao Ando’s first permanent project in the UK, a series of fountains that pour water over embedded lighting, will be built as part of a new landscaping plan outside the Connaught Hotel in London.