West Midlands
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Merry Hill extension proposal will test government policy
The proposed £100m extension to the Merry Hill shopping centre, Dudley, West Midlands, will test government policy. Evidence for and against the scheme is under careful consideration.
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CPRE refers Solihull Council to Nolan Committee over Blythe Valley planning application
The Council for the Protection of Rural England (CPRE) has referred Solihull Council to the Nolan Committee over its handling of a planning application submitted by British Land and Kingspark…
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Heseltine launches £110m Millennium Point science and technology park for Birmingham
Michael Hesseltine is to launch a £110m project to build Millennium Point, a science and technology centre in the middle of Birmingham.
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Royal Mail invests over £52m in West Midlands
Royal Mail (RM) is investing well over £52m in two new automatic processing centres in Birmingham and Wolverhampton. It has also signed up for a 1,300 sq m (14,000 sq…
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Completion of Solihull Land Rover plant will increase output to 400,000 vehicles a year
The Land Rover plant at Solihull will be transformed into a coherent 121.41 ha(300 acre) site capable of building up to 400,000 vehicles a year in December.
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West Midlands Travel joins Midland Metro trams project
West Midlands Travel is to become the first bus company to operate a tram system in the UK after announcing it had joined the consortium behind the £145m Midland Metro…
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British Steel to set up car engineering group in the West Midlands
British Steel yesterday announced it was setting up a carengineering group in Coventry, West Midlands, to increase the company’s links with the motor industry.
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Sonic Communications to build new HQ at Birmingham International Park
Sonic Communications is the latest occupier to sign up for Development Securities’ Birmingham International Park, near Birmingham International Airport. The company, which manufactures security systems, has acquired 0.18ha (two acres)…
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NatWest to buy Hambro Magan for up to £150m
NatWest Markets has announced plans to buy JO Hambro Magan for a price estimated at £85m-£150m. Hambro Magan has advised on transactions with a combined value of more than £18bn.
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Woolwich Building Society reports decrease in levels of negative equity
The Woolwich Building Society reports that the number of homes with negative equity has fallen below 500,000 for the first time since 1990.
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German bank invests £7.5m in Aston Science Park, Birmingham
German bank Wurttembergische Hypothekenbank is investing £7.5m in a speculative office development at Aston Science Park in Digbeth, Birmingham. The deal follows the bank’s recent decision to buy the freehold…
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Rover launches fresh appeal for government funds for Midlands plant
Rover launched a fresh appeal for government help to enable the company to push ahead with a £500m engine plant in the Midlands.