Regeneration bosses hope to attract billions of pounds of investment to the West Midlands
Regeneration bosses are looking to attract more than £19 billion worth of investment from national and global developers.
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West Midlands Mayor Richard Parker launched the proprietary investment platform Site Selection WM at real estate conference UKREiif this week.
The digital platform provides a portfolio of more than 60 investment sites providing real-time data including planning status, land use, investment type and industry focus.
Additional local market intelligence designed to inform investment decisions includes demographics, amenities, innovation assets and connectivity – including HS2 and Metro links.
The launch comes ahead of the West Midlands Local Growth Plan unveiling next month, which identifies "place-based growth" as a central theme, alongside a new Spatial Development Strategy.
Mr Parker said: “Showcasing over 1,000 acres of regeneration opportunities, Site Selection WM effectively captures the enormous scale of West Midlands ambition.
“By offering a more innovative and transparent way to explore a range development sites, it marks a step-change in how the region engages the global investor community.
“From town centre revitalisation projects; to forward-thinking, affordable housing-led schemes – bringing forward the right infrastructure is critical to my mission of fostering growth for everyone.
“I look forward to speaking to new potential partners with a shared commitment to our region’s future.”
Major regeneration opportunities showcased include the West Midlands’ HS2 terminals; place-shaping, town-centre renewal projects; a range of affordable housing-led schemes; and innovation-focused employment land schemes.
These include Smithfield Birmingham which is a £1.9bn regeneration of 17 hectares in the city’s centre.
The ambitious £3.2 billion Arden Cross development spanning 140 hectares centred around the first HS2 Interchange Station outside London.
The regeneration of West Bromwich town centre is also supported by the largest allocation of Towns Deal funding in the UK.
The platform also highlights the West Midlands Investment Zone, which blends a mix of capital investment, tax incentives, and business support programs linked to innovation-led growth clusters.
The Site Selection WM platform is also designed to support local occupiers my mapping currently available and forthcoming property provision.
It has been commissioned by the West Midlands Growth Company in partnership with the West Midlands Combined Authority, Birmingham City Council, Coventry City Council, Dudley Council, Sandwell Council, Solihull Council, Walsall Council and Wolverhampton Council.
