A new £4 billion deal has been signed with investment giant Legal & General to kick start regeneration and property projects across the West Midlands.
The seven-year plan has been agreed with the West Midlands Combined Authority and its scope encompases support for housing of all tenures, including social and modular, commercial property and urban regeneration.
It will commence with a new scheme on brownfield land in Oldbury called ‘The Junction' which has lain empty for 20 years but is now set to become 234 new homes, with a 50 per cent provision for affordable housing.
