Key Regional Projects
Projects enabled with investment from Advantage West Midlands include:
- redevelopment of New Street Station, Birmingham - at £100 million the largest single project investment by any RDA and expected to create 10,000 jobs and generate £2 billion in wider economic benefits;
- a £58 million joint-venture with Urban Splash to regenerate the iconic Fort Dunlop building alongside junction 5 of the M6 motorway;
- creation of a strategic development site and construction of new premises for Ericsson and the at Ansty Park, Coventry;
- regeneration of a major site to create the "i54" development opportunity in Wolverhampton/Southern Staffordshire, which has attracted investment by Jaguar Land Rover, U.S. aerospace company Moog and specialists food and feed testing company Eurofins Laboratories;
- Science park developments at Keele, Aston, Wolverhampton, Worcestershire, Coventry and Warwickshire - including the UK's first virtual-reality, Advanced Construction Centre;
- 392 inward investment projects by international companies, which have created or safeguarded 12,161 jobs in the West Midlands.
The Agency also led the region’s response to major economic shocks such as the sale of MG Rover in 2000 and its subsequent closure in 2005, the Foot and Mouth outbreak of 2001, the 2007 Floods and the global economic recession that struck in 2009.
Read more about this topic: Advantage West Midlands
Famous quotes containing the words key and/or projects:
“As soon as you are in a social setting, you better take away the key to the lock of your heart and pocket it; those who leave the key in the lock are fools.”
—Johann Wolfgang Von Goethe (1749–1832)
“One of the things that is most striking about the young generation is that they never talk about their own futures, there are no futures for this generation, not any of them and so naturally they never think of them. It is very striking, they do not live in the present they just live, as well as they can, and they do not plan. It is extraordinary that whole populations have no projects for a future, none at all.”
—Gertrude Stein (1874–1946)