ECF is a partnership between Muse, Legal and General and Homes England,
which has worked jointly to bring forward transformational regeneration
projects across the country – securing significant investment through their
engagement and expertise.
City Centre West, which includes the former Westside development area,
features in the Wolverhampton Investment Prospectus, and the
Wolverhampton City Centre Local Plan Area Action Plan identifies the site as
the largest development and regeneration opportunity in the city centre.
Subject to heads of terms being agreed, the council and ECF will work to
develop a strategic brief for the first phase of the scheme, the exact location
of which is still to be finalised.
The initial proposals will inform an outline planning application together with a
detailed phase one planning application, and a full business case will be
considered at a future Cabinet meeting.
The further transformation of the west side of the city centre into a City Centre
West quarter could ultimately see the development of around 1,000 new
homes and an improved leisure, food & beverage, and retail offer, connected
by high-quality public spaces.
Council Leader, Councillor Stephen Simkins, said: “The Wolverhampton
Investment Prospectus presents an ambitious vision of how the city can grow
– highlighting opportunities to build on the levels of public and private sector
investment already on site or in the pipeline in Wolverhampton.
“Agreeing a partnership with English Cities Fund has the potential to attract
significant investment and create new jobs across Wolverhampton - and it is
important that we capitalise on the city’s pathfinder status referenced in the
Government’s February 2022 Levelling Up White Paper, with the opportunities
for investment that presents.
