The West Midlands Combined Authority (WMCA) has confirmed a multi-million-pound investment package to kickstart the development of nearly 400 homes and new commercial premises at three derelict sites, supporting hundreds of jobs.
The brownfield regeneration schemes in Coventry, Nuneaton and Wolverhampton are the latest from the WMCA’s nationally acclaimed devolved housing and regeneration programme which, in partnership with industry, is providing new homes, jobs and commercial spaces while supporting the region’s economic recovery from the Covid pandemic.
The investment will now trigger detailed negotiations with project applicants to transform the brownfield sites at:
Further benefits of the schemes include the development of affordable housing for local people – as defined by the WMCA – the support of construction and supply chain jobs, the development of new skills and training and the use of the latest modular construction techniques.
The investment is drawn from the devolved housing and land funds secured by the WMCA from Government and will be used to cover the expensive land clean up, demolition and critical infrastructure costs at the three former industrial sites, paving the way for new development.
Andy Street, Mayor of the West Midlands and chair of the WMCA, said: “The Covid pandemic has hit the West Midlands hard, but we’re determined to not be knocked off course and to press on with our plans to remediate derelict industrial land.
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