City of Wolverhampton Council Cabinet Member for City Environment & Climate Change, Councillor Steve Evans, said: “This will be transformational for our city centre and will form a key part of Wolverhampton’s recovery plan following the impact of the coronavirus pandemic.
“Confidence to invest in the City of Wolverhampton remains high and we are working with a wide range of key partners and stakeholders to continue to stimulate and accelerate growth.
“The Future High Street Fund works will build on this and, most importantly deliver real, tangible benefits for businesses, residents and visitors to our city centre, supporting the development of our 5 year events strategy, which will get into full swing in 2022, with the Commonwealth Games cycling time trial, British Art Show 9, our first ever Creation Day Festival and the reopening of our Civic and Wulfrun Halls.”
The Future High Street Fund works will also complement other transformational development schemes already underway or in the pipeline in the city, including the £150 million city centre Interchange and commercial district, thousands of new city centre homes at Brewers Yard and Canalside, and the Westside development.