The new owners of the Gracechurch Centre have set out their vision during a meeting of the Sutton Coldfield Town Centre Regeneration Partnership.

The shopping centre has been acquired in a joint venture between Midlands-based BPG and property investor company the SAV Group.

John Southall, director of BPG, outlined the firms’ experience of working in commercial property, retail, student and residential accommodation, as well as his own background which includes the redevelopment of shopping centres.

He said the JV supports the shared vision set out in the Sutton Coldfield Town Centre Masterplan and of the opportunity for a reinvigorated Gracechurch Centre that meets local residents’ aspirations and recognises town’s heritage.

Improved connectivity to Sutton Park was also highlighted as a key opportunity in BPG’s vision for the future of the Gracechurch.

Mr Southall said BPG are committed to being open and transparent with their proposals by involving residents and community groups at the earliest opportunity.

A team of specialists is currently being assembled and as soon as workable proposals are drawn up, there will be opportunities for engagement with residents and other key stakeholders on plans for the site.

In the meantime, BPG committed to increasing community use of the Gracechurch, as well as exploring creative use of existing spaces and facilitating more events to attract residents and visitors to the town centre.

Mr Southall said: “BPG and SAV are committed to delivering a vibrant, engaging and successful long-term redevelopment of Sutton Coldfield Town Centre.

“The level of engagement received to date from the TCRP, Cllr Simon Ward, The Rt Hon. Andrew Mitchell, mayor of the West Midlands Andy Street and Birmingham City Council has given us every confidence that our ambitious regeneration plans will get the support needed.

“We look forward to working with all parties to deliver a town centre befitting of Sutton Coldfield’s Royal status.”

Cllr Simon Ward said: “The regeneration of Sutton Coldfield Town Centre is hugely important to residents and local businesses.

“From the discussion with BPG at the TCRP meeting it is clear that they and the SAV Group are keen to play a huge role in unlocking the Gracechurch Centre to breathe new life into the existing town centre.

“I was particularly pleased to hear of their collaborative approach and keen desire to involving residents early on and their ambition to ensure their plans reflect the aspirations set out in the Masterplan for the Town Centre.”