HBD Walsall

HBD – formerly Henry Boot Developments – are set to bring forward a transformational scheme in the West Midlands.

The Phoenix 10 regenerating project has this week seen Walsall Council and Homes England exchange contracts with HBD to enable to them develop the 44-acre former copper works site which has been derelict for 20 years. Plans for the brownfield site include 620,000 sq ft of employment space which will drive fresh investment and create jobs in the region. [emaillocker id=”71749″]

The Black Country LEP and the West Midlands Combined Authority have also partially funded the project to enable it to get off the group. Remediation works are now set to begin in 2021 with community engagement on the plans set to start shortly.

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.”

Lucy Blasdale, Development Director for Homes England, said: “We are committed to using our land and investment to help stimulate local economic growth and this project highlights our commitment as it will deliver new commercial space and ultimately jobs. This is the result of a collaborative partnership with Walsall Council, the Black Country LEP, WMCA and HBD. We have worked with our public sector partners to find the right delivery partner in HBD who have a strong track record in these types of sites and funding solution. The exchange of the legal agreements represents a significant step forward in the regeneration of this large, formerly developed site.”

Deputy Leader of Walsall Council, Cllr Adrian Andrew, said: “We have been working for many years to make a success of this site and this is a massive step forward. Phoenix 10 is a sleeping giant and the clean-up and redevelopment of the site will contribute to the economic recovery of Walsall and the wider region. The site provides the council and its partners with a number of challenges which we will need to overcome but we are excited to now really get started. The signing up appointment of HBD as our development partner is another important stage on that journey.”

HBD are speaking at our upcoming conference discussed how their £1.6bn pipeline of projects will incorporate elements of residential and housing. Details of the event can be found here: https://www.built-environment-networking.com/event/housing-build-to-rent-conference/

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