A host of Wolverhampton opportunities showcased at leading event
The new Wolverhampton Investment Prospectus was officially launched at MIPIM this week.
The prospectus is a live digital document which can be regularly updated in response to changes in economic conditions and reflects the city’s ambitions for growth. Future opportunities identified through the Wolverhampton Local Plan will also be considered as the prospectus evolves.
It presents an ambitious vision of how the city can grow through investment, development and regeneration - and highlights opportunities to build on the billions of pounds of public and private sector investment already on site or in the pipeline in Wolverhampton.
WATCH - this video provides a flavour of the investment and development opportunities inside the prospectus.
To view the Wolverhampton Investment Prospectus, click here...
Proposals will transform leisure, residential and commercial offer
City of Wolverhampton Council’s Cabinet will be asked next Wednesday (March 22) to approve the delivery strategy for three key schemes that will transform the city centre’s leisure, residential and commercial offer.
This forms part of the city’s approach to Levelling Up after being identified as one of the initial two pathfinder locations in the Levelling Up White Paper, with the council working closely with the Department for Levelling Up, Housing and Communities to explore opportunities.
The trio of investment and development opportunities – also outlined in the city’s investment prospectus - include the sites at City Centre West (formerly referred to as Westside), St George’s (the site of the former Sainsbury’s supermarket), and the Accelerated Sites portfolio.
Each scheme will be subject to full business case development and future Cabinet approvals as the detail develops.
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Works on first phase of City Learning Quarter vision close to starting
City of Wolverhampton Council has appointed a construction partner to build a new £8.1million City of Wolverhampton College technical centre as part of the City Learning Quarter vision.
The Advanced Engineering and Electric Vehicle Centre of Excellence will secure hundreds of jobs in the local economy and create learning opportunities for thousands of students – specialising in engineering and automotive, including electric vehicles (EV).
Speller Metcalfe has been awarded the contract to build the facility at the college’s Wellington Road site in Bilston, with construction to get underway this spring.
It is phase one of the Council’s City Learning Quarter masterplan and will be funded by £7.7 million from the West Midlands Combined Authority, with the remainder from the Black Country LEP.
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Council Leader welcomes Levelling Up funds for transformative scheme
City of Wolverhampton Council Leader, Cllr Ian Brookfield, has welcomed the announcement that Wolverhampton is to receive £20million to help deliver its transformative Bilston Health & Regeneration Programme (HaRP).
Following this week’s spring budget, the Government has revealed 16 short-listed Levelling Up round 2 bids that will now receive funding after initially being declared unsuccessful in January.
The Bilston HaRP is one of those bids and the funding will contribute to the overall £33.9million scheme that will deliver a new state-of-the-art Health and Wellbeing Facility and works to improve public realm and external public spaces around Bilston Markets and the surrounding area to link key town centre facilities and encourage green and active travel. The Health and Wellbeing Facility will bring together partners and providers from the NHS, Social Care and Wellbeing and Leisure sectors to support around 18,000 patients.
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Expressions of interest invited for Chubb Buildings opportunity
City of Wolverhampton Council has moved quickly to find a new operator for the city centre cinema within the historic and award-winning Grade II-listed Chubb Buildings.
The council, as landlord, has joined forces with property specialists, Bruton Knowles, to launch a call out for expressions of interest from independent cinema operators and other creative organisations for the Fryer Street venue.
The council is also working closely with the Chubb Buildings landlord, MIA, who oversee a range of businesses and food and drink outlets already within the buildings.
After receiving the keys back from the previous tenants last month (February), the aim is for a new cinema or creative arts operator to take over the running of the two-screen, 6,625sqft space this summer.
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Proposals to clear old sites will pave way for new housing and jobs
City of Wolverhampton Council’s Cabinet Resources Panel is set to approve a major scheme to free up 7.5 acres of brownfield land for more than 200 new homes in the city.
The proposal would see council services in older buildings at the former Loxdale Primary School site in Bilston and Stowheath Day Training Centre in East Park relocated to new purpose-built facilities at the Hickman Avenue Depot in East Park, improving service operation and efficiencies.
Site clearance and remediation of the land would then be carried out to enable the sale of the land to development partners for the delivery of new energy-efficient homes by modern methods of construction.
The report will be discussed at next Wednesday’s (March 22) Cabinet Resources Panel meeting.
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