Building work is under way at Foundry Business Park in Wolverhampton to transform a derelict brownfield site into a 15-acre employment hub.
Developer Goold Estates has appointed Caddick Construction as main contractor on the scheme, which will deliver 166,500 sq ft of urban logistics and industrial space off Brook Street in Bilston.
Goold Estates is the City of Wolverhampton Council’s chosen developer for the site and purchased the land from the council. The £28m scheme forms the final phase of development at Bilston Urban Village.
Foundry Business Park will comprise 15 new units ranging from 2,513 to 63,466 sq ft, designed to suit a variety of uses. Units are expected to be available from spring 2026.
Goold Estates managing director Dominic Goold said: “This brownfield site has a complex industrial legacy, including coal mining and steel making, which meant it remained vacant for over 20 years. Progressing the site’s development required extensive consultation, so reaching the construction phase is a significant step forward.
“We have considerable experience regenerating derelict sites that deliver lasting economic and environmental benefits. Foundry Business Park has the potential to create hundreds of jobs, support growing businesses, and attract new investment to the region.”
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