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PRIVACY
Commercial Property

New º£½ÇÊÓÆµ Central 'Hub' to create 77,500 jobs

New 20-year masterplan outlines grand vision for area surrounding new HS2 station in Solihull including homes and commercial space

Graphic shows location of º£½ÇÊÓÆµ Central and some of its key neighbours

A landmark growth plan which will create more than 77,000 jobs and add over £4 billion to the region's economy has been set out today.

Business and public sector leaders have outlined a 20-year vision for the º£½ÇÊÓÆµ Central site in Solihull which will include new homes, commercial space and transport infrastructure to join up key assets such as the NEC and new HS2 station.

The plan is being revealed at international property conference MIPIM in Cannes.

The º£½ÇÊÓÆµ Central Hub has 8.34 million sq ft of development land and space for up to 4,000 homes and the growth plan expects to create 77,500 new jobs and add £4.1 billion GVA to the local economy.

The Growth & Infrastructure Plan has been developed by º£½ÇÊÓÆµ Central's Urban Growth Company which was set up as a special vehicle to lead and develop major infrastructure investment in the Hub.

Already home to key businesses including Birmingham Airport, the NEC and Jaguar Land Rover, the Hub will be the location of the HS2 Interchange Station, placing the area 38 minutes from London Euston and creating one of the best-connected places in the º£½ÇÊÓÆµ by rail, road and air.

The Hub has already secured investment from central Government, the West Midlands Combined Authority, HS2 and Highways England, with an expected £1.5 billion of infrastructure investment over the next decade.

Plans also include the development of a multi-modal transport interchange at Birmingham International station, connecting the HS2 Interchange with the NEC and Birmingham Airport via an automated people mover and linking to mainline rail, Midland Metro trams and bus rapid transit.