Major West Midlands regeneration scheme set to start

One of the largest regeneration projects in the West Midlands has taken a step forward after property developer HBD exchanged contracts with Walsall Council and Homes England for the Phoenix 10 scheme.

Once the site of the James Bridge Copper Works, the 44-acre plot in Walsall has been derelict for over 20 years. It is set to become a centre for enterprise with up to 57,500m2 of employment space, attracting new jobs and investment to the region.

HBD will deliver Phoenix 10, which is the largest undeveloped brownfield site in the region, on behalf of Walsall Council and Homes England, supported by funding from both partners, along with the Black Country LEP and the West Midlands Combined Authority (WMCA) which has agreed a multi-million pound funding deal to undertake the remediation works.

Vivienne Clements, Executive Director at HBD, said: “This is one of the most significant industrial and logistics schemes coming forward in the West Midlands – both in terms of scale and its potential to drive business growth and investment.

“HBD has more than 40 years’ experience delivering large-scale regeneration schemes like this, returning disused sites back to positive use and creating new jobs and opportunities for communities across the UK. This is a great opportunity to bring new investment into the area and we look forward to getting started on site.”