Wolverhampton’s economic chiefs have launched a new push to bring new developers to the city, backed by the council’s investment prospectus this week. The previous investment prospectus set out a 10-year growth plan and included a summary of the significant achievements of the previous years, as well as highlighting the portfolio of investment opportunities.

In recent years there has been significant investment and regeneration in the city, including the new £150m railway station and transport interchange, the Department for Housing and Communities Equalization creating a second headquarters at i9, and £25m of Town Deal funding from the government to help implement transformation plans in Bilston and Wednesfield. The council’s deputy leader, Councilor Steve Simkins (Lab. Bilston East), a fellow for inclusive city economics, told this week’s cabinet meeting: “It’s really important that we have a vision for investment and sing the praises of that vision in our city in the future. – not only to develop, but to regenerate and give it new life.

“It’s a difficult time so we need to be at the top of our game and this prospectus will allow us to do that. Just to give a little background: a studio in the city center was commissioned in 2016 and updated in 2019, and showed significant changes in the economy. This sets out our ambitions and is a comprehensive prospectus, not just for the city centre.

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“Once approved, it will be available to the public and investors across the country through our website. It will contain detailed information and specific investment opportunities. The idea is to attract more public and private investors to our city.

“We want to know what new investment means for all our citizens, young and old. The main point of the prospectus is to attract new investors and champion what we are doing here in Wolverhampton, as the great housing development we have.” going through the canal side to the other side of the railway,” she added.

“What’s also important are future opportunities for developers that can bring about transformational change. So I’m asking the cabinet to support investment, but I also want to hear from public and private sector organizations that want to come to our city and invest. We will work with anyone who wants to share our vision.”


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