Positioning the West Midlands as the UK’s Growth Capital, the place to create, innovate and build the future, the Prospectus provides investors with a clear road map for joining the hundreds of companies relocating to the UK’s most investable region.
A number of the sites in the Prospectus build on the unprecedented investment being put into the region’s infrastructure, especially transport.
The HS2 high speed rail line will open in 2026 - putting the region just 38 minutes from London - and the West Midlands Combined Authority (WMCA) is using newly acquired powers and funding transferred from central government to further drive the growth and investment needed to fulfil the region’s ambitions.
This includes a series of new Midland Metro tram extensions across the region and plans for new passenger rail lines, opening up new sites for housing and commercial development.
The Mayor of the West Midlands Andy Street said the Prospectus showed how the West Midlands had come together to speak with one voice in delivering its message to the world – that the region is THE place to invest, establish a business, study and live:
“We are a region of growth and innovation and we have all the fundamentals in place for successful investment along with the determination and talent to deliver.
“That’s why the UK government is backing us to deliver, our local authorities are backing us to deliver and the private sector is backing us to deliver.
“This Prospectus shows how we are creating fresh opportunities in the former industrial communities of the West Midlands, turning brownfield sites into new homes, schools, offices and factories.
“But we want this growth to benefit everyone and for this Prospectus to provide the things that really matter to people like good homes, jobs and access to skills and learning.
“We are the most promising place to invest in the UK – and, like all good businesses, we have a plan and we are delivering it.”
Schemes featured in the Prospectus include:
- UK Central Hub and HS2 Interchange – a landmark project in Solihull around a unique concentration of business and infrastructure assets
- Paradise Birmingham – An opportunity to invest in a commercial, retail, leisure and hotel development in the heart of the city centre
- Friargate Coventry – A new development in the city centre next to the mainline rail station delivering prime office space, hotels, homes, shops, restaurants and public space
- Interchange Commercial District and Canalside Living Quarter – A scheme offering investment opportunities for residential, leisure and commercial developments in Wolverhampton
- i54 South Staffordshire Western Extension – An extension of the existing business park by up to 100 acres to help continue the expansion of the growing cluster of advanced manufacturing businesses including Jaguar Land Rover and Moog Aerospace
- Creative Quarter Leamington Spa – a partnership to both deliver projects and to encourage investment in the area of South Leamington Spa with a focus on the burgeoning gaming industry