First phase of Wolverhampton’s Brewers Yard scheme gets multimillion-pound investment
An investment of more than £5m has been made by West Midlands Combined Authority (WMCA) to help kickstart the first phase of the Brewers Yard regeneration scheme in Wolverhampton city centre.
The investment will pave the way for the first enabling phase in the delivery of almost 600 new homes and hundreds of construction jobs on the site of the existing City of Wolverhampton Council depot in Culwell Street.
The scheme will be the first phase of the wider £250m Brewers Yard regeneration project which will transform a large swathe of the city centre with a mixture of houses and apartments, and around 60,000 sq ft of new retail and commercial space.
Brewers Yard is being developed by the city council in partnership with Court Collaboration.
The Culwell Street investment is just the latest from the WMCA’s devolved housing and regeneration programme which, in partnership with industry, is regenerating hundreds of acres of former industrial land, often referred to as brownfield, for new homes, jobs and commercial spaces, helping to drive the region’s economic recovery in the process.
Andy Street, Mayor of the West Midlands and chair of the WMCA, said: “This is another investment in Wolverhampton from the WMCA’s devolved housing and land funds and it’s an important step in delivering the first enabling phase of the Brewers Yard development which will breathe new life into a large swathe of the city centre.
“Not only will it seek to deliver energy efficient and affordable new homes and hundreds of jobs for local people but by regenerating another brownfield site we are also helping to relieve pressure on the green belt.
“Culwell Street site is another example of how the WMCA is helping to unlock sites that were previously considered too difficult to deliver. But all of this has only been possible by the substantial cash we have secured from Government for our ‘brownfield first’ programme. We will continue to work with Wolverhampton and other local councils and developers to unlock and regenerate our old derelict industrial sites and help drive fresh economic growth.”
The council will relocate its fleet services from the Culwell Street depot to a new base on Hickman Avenue alongside the city’s wholesale market, which will also undergo a major revamp.
The WMCA investment will then pay for the demolition of the existing buildings at the depot as well as the clean-up of the land so it is fit and ready for redevelopment.