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ECF and City of Wolverhampton Council enter a development partnership

23.10.23 2 min read by Iona MacRury

ECF , the joint venture between nationwide placemaker, Muse, Legal & General, one of the UK’s leading financial services groups and major global investor, and Homes England, will enter a partnership with City of Wolverhampton Council to deliver development plans for the City Centre West Quarter.

The partnership was approved at a Cabinet meeting on Wednesday October 18th 2023. It follows a Memorandum of Understanding between ECF and the Council, agreed in March 2023, to review potential development sites. Using the Pagabo framework has allowed both parties to come together early to shape the opportunity and work together to develop proposals that meets the needs of the City. 

City Centre West features in the Wolverhampton Investment Prospectus and is the largest regeneration opportunity in the city centre. The transformation of the west side of the city into a new City Centre West Quarter is set to deliver around 1,000 new homes, along with leisure, retail, and high-quality public spaces.

Managing Director for Muse Midlands, Maggie Grogan said:

Wolverhampton is an ambitious city with a can-do attitude. City Centre West sits at the heart of the Council’s vision, and ECF is ready to work in partnership to deliver. The opportunity to create new homes, jobs, and public spaces through regeneration is clear. More importantly, regeneration is an opportunity to make a positive impact on people’s lives today and for future generations. ”
This is the first partnership to be announced by ECF in the West Midlands. It demonstrates our commitment to Wolverhampton and the wider region. We have already developed a close relationship with the Council and look forward to working together to leverage regeneration for the benefit of all Wolverhampton’s communities. ”

Council Leader, Councillor Stephen Simkins, said

The Wolverhampton Investment Prospectus presents an ambitious vision of how the city can grow – highlighting opportunities to build on the levels of public and private sector investment already on site or in the pipeline in Wolverhampton. Agreeing a partnership with ECF has the potential to attract significant investment and create new jobs across Wolverhampton - and it is important that we capitalise on the city’s pathfinder status referenced in the Government’s February 2022 Levelling Up White Paper, with the opportunities for investment that presents. ”
A City Centre West scheme can provide a wide range of benefits with the introduction of new housing, new jobs, and opportunities as well as the social and economic benefits in linking the city back into the surrounding suburbs at precision and pace.”
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