Published: 8th Jan 2021

The regeneration of the former MG Rover car plant in Longbridge has been given a further funding boost by the West Midlands Combined Authority (WMCA). The WMCA has agreed a £780,000 funding deal for the 2 Park Square development, which will see 60,000sq ft of high-quality commercial office space built on a 1.6 acre derelict plot on the site of the once famous car works. Working alongside partner St. Modwen, the scheme is the latest planned development in the regeneration of Longbridge which has already seen more than 3,700 jobs created. On completion, the wider transformation of the area is expected to create around 9,000 permanent jobs and deliver an estimated economic boost of £500m a year. The announcement follows the award last month of more than £51m of government funding for the WMCA to drive forward significant regeneration schemes on brownfield, former industrial land such as the old MG Rover … (To read the full article, subscribe below)