Major investment opportunities across the West Midlands are to be unveiled at MIPIM 2022.
West Midlands mayor Andy Street and representatives from West Midlands councils are set to join government ministers and private sector businesses at the global property event next week.
The delegation will address global investors at the UK Government Pavilion on 16 March, during which they will unveil investment opportunities from across the region, with a focus on accelerating the West Midlands’ Net Zero agenda.
Opportunities to be discussed include ‘The 3 Cities Retrofit Initiative’, which is targeting more than 165,000 social homes across Birmingham, Wolverhampton and Coventry for improvements across energy efficiency, green energy generation and green heating.
The initiative has the potential to activate an additional market making opportunity of more than 535,000 private-owned homes.
Street said: “The private sector helped drive the West Midlands to become the fastest growing region outside of London before the outbreak of Covid, with record numbers in work, record homes being built, and record investment in public transport.
“But the pandemic has knocked us for six, and it is mission critical we now leverage in even more private sector investment to turbo-charge our recovery and get us back on our feet quickly.
“We have a track record of delivery and a new multibillion-pound prospectus ready to unveil to the world at MIPM.
“So, with the once in a generation opportunities of HS2 and the Birmingham 2022 Commonwealth Games on the horizon, the West Midlands is an opportunity that investors do not want to miss out on.”
Directors and chief executives from some of the region’s most prominent names will also join the delegation, including representatives from St Joseph Homes, MEPC – the manager of Birmingham’s Paradise development – Arcadis, Bruntwood, Glenn Howells Architects, Lovell and Mott MacDonald.
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