£250m mixed development announced for Wolverhampton - Business Leader News

£250m mixed development announced for Wolverhampton

architects meeting

Plans for a major city living development in Wolverhampton have been announced at MIPIM. The development is a joint venture between Court Collaboration, City of Wolverhampton Council, and West Midlands Combined Authority.

The multi-million pound Brewers Yard scheme will be located on ten acres of currently unused land next to University of Wolverhampton’s Springfield Campus. The proposals are for a mixed development, with 1,100 city houses and apartments and 60,000 sq ft of new retail and commercial space. Glancy Nicholls Architects will design the Brewers Yard development, which will include some of Wolverhampton’s tallest towers.

The development is intended to increase options for affordable living, with good access to transport links to Birmingham, London, and Manchester via the new transport Interchange.

Work is slated to begin onsite in 2020.

Anthony McCourt, chief executive and founder of Court Collaboration, said: “Brewers Yard oozes confidence and style throughout and it will be fantastic to bring this to the next stage of feasibility with the focused and unwavering support of City of Wolverhampton Council and West Midlands Combined Authority.”

Councillor John Reynolds, cabinet member for city economy, added: “This is a real game-changer for the City of Wolverhampton. The development will have easy access to a re-invented city centre providing a great leisure and sporting offer, a vibrant public events programme, outstanding arts and culture offer, and a thriving commercial district with well-paid jobs.”

The project promises to generate hundreds of jobs, employ over 1,000 construction workers, and provide learning opportunities for University of Wolverhampton students. The estimated boost to the local economy is £250m.