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BE PART OF THE BLACK COUNTRY
BE PART OF OUR SUCCESS STORY
Produced by Invest Black Country
October 2016
50% of UK population within 2 hours
THE BLACK COUNTRY
Garden City blueprint for residential development
UK’s largest
High Value
Manufacturing cluster
opportunities to transform
875 hectares
of employment land
95% of housing land supply is
brownfield
1.1m people
£17bn GVA
opportunities to deliver
42,000 homes
UK top 5
cost effective location as awarded by fDi Magazine
significant growth in
FDI
HVM City blueprint for high value manufacturing growth
£8bn devolution deal for the West Midlands
£5bn of investment opportunities
Strategic Centre Regeneration transforming town and city centres
HIGH VALUE MANUFACTURING CITY HIGH VALUE MANUFACTURING CITY
STRATEGIC CENTRE REGENERATION HIGH VALUE MANUFACTURING CITY BLACK COUNTRY GARDEN CITY
The Black Country’s ‘HVM City’ is the development programme
driving the advancement of the world-class design, manufacturing
and engineering opportunities in the Black Country.
HVM City will add over £1 billon to the economy, bring forward over
150 hectares of land for advanced manufacturing and create over
25,000 jobs. HVM City will create the perfect economic conditions
for advanced manufacturers to thrive; through investment in world
leading people, businesses and places.
More than 45,000 new homes will be built in the Black Country
Garden City in what will be one of Britain’s biggest ever brownfield
site regenerations, covering more than 1,500 hectares. The
development is being led by the Black Country LEP and the
Homes and Communities Agency, with the support of the
Department for Communities and Local Government.
150 hectares of land to develop
£1billion catalyst for economic growth
25,000 jobs planned
1,500 hectares of land to develop
£18billion catalyst for economic growth
45,000 new homes planned
13,000 new homes planned
£1billion recently completed
£1.2billion pipeline opportunities
Significant investment has landed in the Black Country’s strategic
centres in recent years, including £450m in West Bromwich town
centre and £390m in Walsall town centre, helping the region to
realise its ambitious plans for growth. Now, with £992m
investment either planned or underway in Wolverhampton city
centre, 300,000 sq m of commercial opportunities in Brierley Hill
and a plethora of further commercial and residential opportunities
across the Black Country’s town and city centres, it’s all change in
the Black Country.
TODAY...
Regeneration in Dudley has been delivered at a pace with
£180m of investment in recent years transforming derelict
and underused land and a further £500m of regeneration
activity is planned for the next 5 years. A priority is
securing tenants for a number of opportunities totalling
18,000sqm of vacant Waterfront office in the proposed
Brierley Hill Business and Innovation Enterprise Zone.
Opportunities to lease up to 24,000sqm of commercial
floorspace at Pensnett Trading Estate and an opportunity to
build on a number of other industrial sites
Significant opportunities to invest in related and mutually
supportive housing and infrastructure programmes
£46.5m Music Institute project planned at the Waterfront,
Brierley Hill, to develop a world-class higher education
establishment and associated student accommodation
Very Light Rail project planned to showcase manufacturing
excellence
...TOMORROW...
Metro Extension connecting Brierley Hill with the rest of the
Black Country and Birmingham will unlock a number of office,
industrial and Technology site across the proposed 70Ha
Enterprise Zone as well as housing development sites
Opportunities for 3,000 homes on 8ha of remediated land at
Brierley Hill
Multiple opportunities to invest in the continued growth of the
leisure and visitor offer in Dudley town centre
Opportunities to capitalise on benefits of HS2 through existing
and planned strategic transport linkages
...AND BEYOND £89m investment opportunities to develop 6,000 homes and
20,000sqm commercial floorspace on 100ha along the Metro
Extension Corridor.
XXX
DUDLEY
DUDLEY AT A GLANCE
Sites: 150 ha employment land
100 ha residential
Outputs: 250,000sqm employment
2000 homes
Total planned projects investment value: £500m
Key Contact: [email protected]
Website: www.dudley.gov.uk
TODAY...
Sandwell has made significant strides in becoming a
location where businesses and residents thrive and is
developing a diverse and sustainable economy.
£450m West Bromwich Regeneration Phase 1 complete
£353m Midland Metropolitan Hospital due for completion late
2018
£5.14m Woods Lane project underway to facilitate £48m
investment in c.350 homes
Opportunities identified for the delivery of over 20,000 homes
SANDWELL ...TOMORROW...
West Bromwich Regeneration Phase 2 will include:
• Bull Street mixed use gateway opportunity
• 100 homes at Eastern Gateway South
• £1.8m Midland Metro Turn Back facility to improve
physical and economic links with Birmingham city centre
c.700 residential units at Bescot Friar Park
c.450 homes at Grove Lane Intervention Area on the border
with Birmingham
...AND BEYOND Opportunity for c.500 residential units to the south of West Bromwich town centre.
Opportunity for multi-phase investment at St Michael’s Square as a catalyst for a longer term development project.
Opportunity for c.350,000 sq ft of new industrial floorspace in North Smethwick Intervention Area on the border with Birmingham.
SANDWELL AT A GLANCE
Sites: 950ha of employment land
530ha residential
Outputs: 2,500sqm commercial with planning permission
20,000 homes (allocated)
Total planned projects investment value: £360m
Key Contact: Philippa Smith
Website: www.sandwell.gov.uk
TODAY...
Walsall town centre has attracted more than £390m since
2009. More than 5,500 new homes have been delivered
across the borough and over 40 ha have been developed
for employment use.
Phase 1 of £12m Waterfront North complete and phase 2 on
site
Phase 1 of £14m The Quarter retail project underway
£87m Goscote Lane Corridor Regeneration Area project to
deliver c.700 new homes and £18m Brownhills Regeneration
Area phase 1 to deliver c.150 homes underway
£19m Bullseye industrial development due for completion late
2016
£65m investment at M6 Junction 10 will improve capacity and
traffic flows.
WALSALL ...TOMORROW...
£237m investment opportunities to develop 76 ha of
employment sites at M6 Junction 10
Opportunity for £160m phased investment in residential and
100,000sqm commercial space in Walsall town centre
£22m opportunity to develop c.14,900sqm retail and residential
on the Shannon’s Mill site from 2018
9.8ha opportunity for significant employment use development
at Moxley Business Park
Opportunity for 310 homes on 6.44ha former Caparo site
...AND BEYOND
26ha regeneration project at Willenhall encompassing the
district centre and delivering employment sites, residential and
train station.
Opportunity to deliver 395 homes on 23.78ha former Goscote
Works site
WALSALL AT A GLANCE
Sites: 63 ha employment land
3.5 ha mixed use
24ha residential
Outputs: 203,000sqm employment
52,000sqm mixed use floor space
1330 homes
Total planned projects investment value: £390m
Key Contact: Simon Tranter
Website: www.walsall.com
TODAY...
Wolverhampton is enjoying record levels of private and
public investment with projects totalling £992m either on
site or planned in the city centre alone.
Preferred developer Urban & Civic identified to deliver phased
£55m mixed use scheme at Wolverhampton Westside in the
city centre
Immediate opportunities to develop c.600 homes on 47ha at
Wolverhampton Canalside adjacent to the £120m integrated
transport hub
Opportunity to create a prime mixed use gateway scheme on
1.4 acre Wolverhampton St George’s site
Urban Village opportunity on iconic 5ha
http://www.investwolverhampton.com/invest/investment-
opportunities/site
...TOMORROW...
£600m+ opportunities to develop 170,000sqm industrial
floorspace at i54 Western Extension, adjacent to the
successful i54 Black Country Enterprise Zone site
2.5ha mixed use opportunity at Wolverhampton Southside
with potential for city centre living
...AND BEYOND
£207m opportunity to deliver 1300 homes and 50,000sqm
commercial space around Bilston Town
XXX
WOLVERHAMPTON
WOLVERHAMPTON AT A GLANCE
Sites: 60 hectares
Outputs: 300,000sqm employment
150,000sqm mixed use floor space
10,000 homes
Total planned projects investment value: £3.7bn
Key Contact: Paul Lakin
Website: www.investwolverhampton.com
BE PART OF THE BLACK COUNTRY
BE PART OF OUR SUCCESS STORY
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Invest Black Country