An investment of more than £5m was today (Thursday Nov 3) announced by the West Midlands Combined Authority (WMCA) to help kickstart the first phase of the transformational 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 60,000sq ft of new retail and commercial space.
Brewers Yard is being developed by the city council in partnership with Court Collaboration, with backing from the WMCA.
The Culwell Street investment is just the latest from the WMCA's nationally acclaimed 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.