Express & Star

More of Woverhampton Westside revealed as site goes up for sale

This new image is that latest to show a vision of Wolverhampton council's ambitious plans to regenerate the Westside area of the city.

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The images have been released as the 6.4 acre site, which is made up of three adjacent parcels of land in the freehold ownership of the council, officially goes to market.

The scheme is one of the most significant regeneration opportunities in the heart of the city centre and will deliver major mixed-use development.

Developers at last month's Wolverhampton Business Week were given the first glimpse of what the plans would look like.

The Westside development will involve investment of around £90 million

The site is located adjacent to the new Sainsbury's supermarket on St Mark's ring road and includes the Fold Street, Peel Street and School Street car parks.

The council has already committed to carrying out the demolition of the existing indoor market and Heantun House, with the outdoor markets to be re-invigorated and modernised.

It is expected the market will provide an asset to any new development by providing footfall and vitality.

Yesterday the council's strategic director for place, Tim Johnson presented Westside as a major development opportunity at the MIPIM UK Investors Forum.

MIPIM UK is the UK's largest exhibition and conference for property professionals, giving a market place for key UK figures and international investors to meet, discuss projects and opportunities, and do business.

The event was held at the Olympia London National Hall event.

City finance boss, Councillor John Reynolds, said: "MIPIM provides our officers with an excellent opportunity to kick-off our extensive marketing of Westside.

"This is an exciting project for Wolverhampton and another significant step towards the transformation of our city centre.

"We look forward to seeing what proposals are put forward by developers in the future."

It is estimated the Westside redevelopment would involve investment of around £90 million, part of £868.6m the council hopes to see spent within the city centre in the coming years.

Other redevelopment works taking place include the redevelopment of the Mander Centre, the transport Interchange, the revamp of the Civic Halls and the Springfield Brewery construction training project.

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