Over £20bn in investment has been revealed under the West Midlands Investment Prospectus 2023, which showcases investable opportunities across the region
The West Midlands Investment Prospectus includes 29 schemes covering infrastructure and development opportunities within the metropolitan West Midlands and surrounding towns.
The opportunities have been identified in partnership with local authorities across the WMCA.
The schemes include the large-scale regeneration of town and city centres, including affordable housing for rent and purchase.
Town and city centre schemes include:
- Coventry City Centre Cultural Gateway
- Creative Quarter Royal Leamington Spa
- Interchange Commercial District Wolverhampton
- Paradise Birmingham
- Rugby Town Centre
- Shrewsbury Riverside
- Solihull Town Centre, including Eastgate
- Telford Town Centre Living Cluster
- Transforming Nuneaton
- Walsall Town Centre
- West Bromwich Town Centre
The scheme is the first in a £4bn pipeline of investments that L&G is making across the region over the next eight years as part of its commitment as a WMCA strategic partner.
Andy Street, mayor of the West Midlands, said: “More and more major national and indeed global players are recognising the investment opportunities on offer here in our region – including both L&G and Lovell.
“With a young, skilled and diverse workforce, internationally renowned higher education institutions, and outstanding connectivity – set to be bolstered in the coming years by the arrival of HS2 – our economy is well placed to prosper in the months and years ahead.”
