Friar Park Sandwell
Friar Park is a residential development opportunity for 630 new homes in the Bescot and Friar Park Priority Intervention Area. Working jointly, Sandwell Council and West Midlands Combined Authority intend to promote a planning application and undertake remediation. Once de-risked, they will seek a partner to deliver the scheme.
• Hundreds of New Homes
• To include New Affordable Homes
• Remediate and improve land and local environment
• New Housing developments of scale in Sandwell are rare, so this provides a unique opportunity
Why invest in Sandwell?
Sandwell, in the heart of the West Midlands, has a diverse economy thanks to innovative companies and a highly skilled workforce. Which is home to a pro-business council that supports your growth and development.
Our region is home to around 9,000 businesses: exciting and dynamic companies which collectively employ approximately 140,000 people. We are part of the West Midlands and Birmingham city region and have expertise in key sectors such as advanced manufacturing and production, health and care, and logistics amongst others. We also have a young diverse population and hold competitive property prices in comparison to much of the rest of the UK, so commercially our area remains in high demand yet still offers good value for money compared to alternatives.
Thanks to our excellent transport links, including the M5 and M6, many skilled people and cost-competitive location at the centre of England, more and more companies are looking to Sandwell to fulfil their business needs.
Sandwell is growing. Up to £2.3bn of investment between 2022 and 2027 will fund regeneration across the six towns, improving quality of life and making Sandwell a more sustainable, greener place. The £2.3bn Pipeline includes 69 regeneration projects being delivered across Sandwell funded by a range of public and private sector investment. These include housing, education, skills, commercial and transport.
Our regeneration plans aim to improve the quality of life for our residents, create more well-paid, fulfilling jobs and a healthier, wealthier Sandwell.
Insight for investors
• Type of Investment Sought: Delivery Partner
• Target Investor(s): Housing and property investors
• Value and cost info: £150m GDV
• Site Size: 26Ha
• Jobs: 1310 estimated construction jobs
• Timescale: 2020-25
• Delivery Timescale: 1 – 5 years
• Planning Status: Allocated in development plan