The major extension works of the i54 business park have been completed and new occupants are ready to be announced.
A further 60 acres of land have been added on the west side of i54 South Staffordshire, which is on the county border with Wolverhampton. 850,000 square feet of fully equipped factory platforms are ready for new occupants to build units.
The scheme, implemented by Wolverhampton City Council, Staffordshire County Council and South Staffordshire Council, will create more than 1,000 new jobs.
The current i54 business park is occupied by companies such as Jaguar Land Rover, Moog, ISP and Eurofins.
After an investment of over £1billion, the park employs around 2,700 people, with half of the jobs taken by people living within a 10 mile radius.
Wolverhampton City Council Leader Councilor Ian Brookfield said: “i54 plays a major role in the lives of thousands of people in Wolverhampton and South Staffordshire and our joint investment in i54 has secured hundreds of million pounds of investment and has brought thousands of jobs to the region.
“We have received a lot of interest in the extension from potential occupiers and expect to make significant announcements in the coming months about who will join the list of prestigious occupiers already at i54.”
In addition to investment from the Tri-Councils, there has been a financial commitment from the Black Country Local Enterprise Partnership and the Stoke-on-Trent and Staffordshire Local Enterprise Partnership.
Major works included the construction of a one kilometer road linking the main site of i54 to the new extension, new pedestrian and cycle paths, structured landscaping to create the manufacturing bases, the diversion and the improvement of the public bridle path, drainage works, planting of 10,000 trees, and development of an additional access road to serve future occupants.
Deputy Leader of Staffordshire County Council and Cabinet Member for Economy and Skills, Councilor Philip White, said: ‘The western extension of i54 South Staffordshire has been an important project for County Council and our partners. It’s fantastic that it’s now complete with the first development set to kick off soon and more to follow in the months to come.
“Our long-term economic growth strategy sets out how we plan to develop our key transportation corridors, deliver major infrastructure projects and attract investors who support job creation. This helps generate tariffs for businesses which, in turn, supports the financing of public services”.
Leader of South Staffordshire Council, Councilor Roger Lees, said: ‘South Staffordshire Council were also keen to ensure that the environmental impacts of the development were minimized and I am delighted that around 10,000 new trees have been planted on the site at the alongside other sensitive landscaping measures, which included a diversion and improvements to the public walkway through the site and which has seen a recovery in local use since the improvements were made.
The partners have also agreed an additional £500,000 to support and promote sustainable travel activities, and £50,000 has been granted to Pendeford Hall Nature Reserve to help continue and develop its education, health and well-being. being, as well as its outdoor activities for the development of personal and social skills. communities.