As one of the top ten growing economies in the UK, the City of Wolverhampton is transforming into a City of Opportunity and it has a council with the confidence and capability to lead the way.

The City’s regeneration plans are going from strength to strength with £868 million pounds of investment either on site or planned in the City Centre alone.  And working closely with public, private and voluntary sector partners, major new developments are underway or are in the pipeline right across the City, stimulating growth, jobs and prosperity.

With enviable connectivity to the rest of the West Midlands and beyond, the City’s excellent road, rail and air links put Wolverhampton at the heart of Britain and Europe.

The City’s connectivity is being further boosted by the flagship transport Interchange project – £120m private and public investment into a single integrated city centre transport hub, supported by brand new prime office and retail accommodation at i10. And a £35m refurbishment of the city’s main retail centre is due to begin early next year.

As an integral hub for thousands of successful businesses directly in the middle of the UK, Wolverhampton attracts some of the brightest minds and companies in the country.

Sector leading firms such as Carillion, Jaguar Land Rover, Marston’s, Moog, UTC Aerospace and Wiggle all call the City of Wolverhampton home. The i54 strategic employment site north of the City Centre is the most successful enterprise zone in the country attracting high quality jobs to the area.  Jaguar Land Rover’s £1bn investment in a new engine plant is creating more than 1,400 jobs.

And whilst the City continues to build on existing strengths in high value manufacturing and construction it is also developing clusters in other key sectors whilst retaining a strong focus on investing in skills and matching local people to local jobs.

The University of Wolverhampton is investing £250m into new buildings, education and facilities including a £18m Business School and £65m in the West Midlands Construction University Technical College which will be the biggest centre of its kind in Europe.

Strong cultural, entertainment, sport, leisure and housing offers underpin the City’s economy which is projected to grow 2-3% faster than the national average over the next decade.

On top of the £868 million of public and private sector investment already either on site or earmarked for the city centre, the City of Wolverhampton will benefit from the Government’s Devolution Deal opportunities which will see £8 billion devolved to the region creating new jobs, better skills, more housing, quicker transport links and better public services.

New Horizon’s’ – a City of Wolverhampton Council supplement in the Municipal Journal showcases the City of Wolverhampton’s transformation, vision and ambition.
Watch the Wolverhampton Story video here.
Read the current edition of ‘Renew’ and subscribe to the City’s latest regeneration and business news here.

Photo credit – Express and Star

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