Key development opportunities within Solihull Town Centre have been showcased at international property conference MIPIM, within the Midlands UK Pavilion.
Already a magnet for investment and innovation, the new masterplan outlines the potential for up to 1,400 new homes, over 70,000 sq m of new office space and 11,000 sq m of commercial and leisure space in the town centre.
The ambitious plans outline how Solihull Council will lead on driving development and delivering infrastructure to build upon the town’s strong level of inward investment and low retail vacancy rates.
This is supported by a strong workforce and exceptional connectivity, attracting leading international companies including BNP Paribas, RWE nPower and Tesla.
Future plans include the potential to build upon growing support to relocate the train station, developing a new transport interchange at a ‘Southern Gateway’.
Further opportunities at this location include 1,900 sq m of leisure and commercial space and the intensification of the adjacent business and commercial quarter, which could see a further 21,000 sq m of new office development.
This is in addition to another site termed the ‘Homer Road Triangle’, a prominent gateway to the town’s commercial centre with exceptional road and rail connectivity and the potential to develop over 18,500sq m of headquarter office space.
Councillor Ian Courts, Deputy Leader and Cabinet Member for Managed Growth, said:
“Solihull is a thriving, bustling town centre which makes it a great destination for shopping, entertainment and business.
“However, for the town centre to continue to prosper we must not only exploit its strengths but also make the most of future development opportunities.
“We have a number of exciting prospects and transformational infrastructure schemes within our masterplan, including a potential new location for Solihull train station, strengthening of our business and commercial quarters, and the development of new high quality homes, built to a high quality and sustainable urban design.
“Solihull town centre is in a fantastic location, with access to the rest of the UK and beyond just minutes away.
Our masterplan will ensure we capitalise on this, and maintain our place at the heart of the UK’s economy.”