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Residential

Retail/Commercial

DY5 Business and Innovation Enterprise Zone

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.

Key facts

• Value: £110m GDV
• Site Size: 120 hectares
• Jobs: >4000
• Timescale : 2022-2027
• Delivery Timescale: 1 – 5 years

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: £110m GDV
• Site Size: 120 hectares
• Jobs: >4000
• Timescale: 2022-2027
• Delivery Timescale: 1 – 5 years
• 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 promotor

West Midlands Combined Authority, Dudley Metropolitan Borough Council