The offices at Interchange 10 are scheduled for completion by July 2015, with construction set to begin this May.
Planners have approved eye-catching designs for 53,000 sq ft of Wolverhampton office space. Wolverhampton City Council’s Planning Committee has given the green light for the next phase in the regeneration of the land around the city’s train station. Interchange 10 is a £10.6 million office and retail development that will form a major gateway into Wolverhampton.
The Interchange development is being jointly developed by Wolverhampton City Council and Neptune Developments. The Liverpool-based property developer has completed projects right across Merseyside.
Rob Mason, Neptune’s development director, commented that “The granting of planning consent for Interchange 10 sends out a strong message that Wolverhampton City Council is committed to the regeneration of the City Centre which will help greatly in delivering future phases of the Interchange schemes.”
Phase 1 of the redevelopment project has already provided residents with a brand new bus station. This new hub is linked to the Midland Metro tram service, as well as the soon to be refurbished Wolverhampton train station. The town will also benefit from an improved multi-storey car park.
In addition to the new build elements, Phase 2 involves the restoration of the adjacent Queens Building. This Grade-II listed property will provide leisure and retail space beneath modern offices for rent in WV1.
The offices at Interchange 10 are scheduled for completion by July 2015, with construction set to begin this May. Once completed, the overall scheme is estimated to be worth £170 million.