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DY5 Dudley’s Business and Innovation Enterprise Zone

DY5 Enterprise Zone offers investors/developers new opportunities in mixed-use Industrial, Residential and Office developments.

Dudley Council is seeking investors to work in partnership with existing land owners to bring forward new industrial, office, retail, residential and mixed-use
development within DY5 Enterprise Zone. The promoter particularly welcomes interest in establishing long-term development partnerships. Dudley Council is working to deliver refurbished floor space and new mixed-use development across six areas. There is a strategic opportunity to help shape the nature and usage of  the projects at an early stage, over the next three to five years.

Key facts

  • Set to benefit from major infrastructure investment: Wednesbury to Brierley Hill Metro Extension will provide a direct link to Birmingham and wider West Midlands by 2024
  • Investment options across six areas totalling 50Ha
  • Borders Merry Hill Shopping Centre which is seeing £50m of investment to upgrade and expand the retail and leisure offer

Opportunity location

Why invest in Dudley?

Dudley has a rich cultural and industrial heritage and is often referred to as the historic capital of the Black Country. It was once a key industrial town generating wealth from coal and limestone mining, glassmaking and iron and steel.

Since 2012 a structured series of public sector-led interventions have been successfully delivered in the town with the aim of re-imagining and regenerating the town centre. Tese include investment in the Castle Hill visitor attractions; the new Archives building; the Institute of Technology; investment into connectivity and public realm and investment to improve historic buildings within the town centre.

The rolling programme of investment has kickstarted an exciting new chapter Dudley’s history, with ‘Regenerating Dudley’ set to bring £1 billion investment into the borough. Major projects include the Wednesbury-Brierley Hill Metro Extension, the Dudley Transport Interchange, the Very Light Rail National Innovation Centre, and the extension of the Black Country Living Museum.

Insight for investors

• Type of Investment Sought: Development partner; equity investor
• Value and cost info: £100m GDV
• Site Size: 50 Hectares
• Timescale: 2022-2027
• Planning Status: Planning certainty provided via a Local Development Order and an outline design led masterplan signalling use, type and suggested development density

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Primary promoter

West Midlands Combined Authority, Dudley Council