As well as delivering up to 1,000 new homes, including affordable homes, the masterplan will showcase options for phase one of the scheme - an enhanced Market Square with green spaces.
During the course of the masterplan, opportunities for new shops, cafes, and restaurants will also be included, with potential for outdoor seating.
The Council and ECF have entered into a Development Agreement to bring forward proposals for City Centre West, which features prominently in the Wolverhampton Investment Prospectus and the City Centre Local Area Action Plan.
The release of the masterplan follows an initial period of engagement in July, which helped finalise the vision. The sessions, where residents will be able to view the masterplan in detail and ask questions of the team, have also been arranged:
- Saturday 28 September – 1pm to 4pm, The Way Youth Centre, School Street
- Wednesday 2 October – 12 to 7pm, Urban Room, 18 Queen Square
Councillor Chris Burden, Cabinet Member for City Development, Jobs, and Skills, at City of Wolverhampton Council, said: “The proposed masterplan is the result of significant collaboration between ECF and the Council, but also residents who have offered their perspectives on the opportunities ahead.
“City Centre West is an opportunity to put people at the heart of the city with new homes, shops, cafes or restaurants.
“The vision and masterplan could be truly transformational for Wolverhampton, so I encourage people to continue to engage and share their views.”
Basit Ali, Development Director – Midlands at Muse, development partner in ECF, added: “Our initial engagement sessions in July were extremely helpful as we finalised our masterplan and vision.
“We heard very clearly that people wanted something which attracts people into the city centre and creates a vibrant and exciting place to spend time. That feedback has helped steer and guide our approach.
“By delivering new homes at a transformational scale, and curating a new city centre neighbourhood, we can boost the economy and create real opportunity for established and new communities.”