Plans for a £50 million investment in housing, education and sports facilities in Wolverhampton were announced yesterday.
The University of Wolverhampton’s decision to vacate its Compton Park campus has prompted the proposals, put forward by University of Wolverhampton, St Edmund’s Catholic School, the Archdiocese of Birmingham, and Wolverhampton Wanderers Football Club, together with Redrow Homes.
The school is set to relocating to the former University campus, in part-refurbished, part-new buildings while the football club is building a new indoor pitch on the vacated site, improving existing pitches and creating an FA Premier League Football Academy. At the same time, the University of Wolverhampton will re-invest in a new multi-million pound science facility on its City Centre Campus.
Under the proposals, Redrow Homes is set to build 55 new four-and five-bed executive homes on the remainder of the University’s land, providing a large part of the necessary funding.
Wolves chairman Steve Morgan, said: “The nature of the plans, with each development completely interdependent on the other, means that we have only one very limited window of opportunity to bring these proposals to fruition. However, we all remain confident and optimistic there is the joint will and impetus of the partners, along with the finance already in place, to make these plans a reality.”