In July 2016, West Midlands Economic Forum (WMEF) published their latest Midlands Perspective, which shows that the Midlands region is set to experience small growth over the next year.
You can read the full report here – it also speculated wrongly that the new Prime Minister, Theresa May, and Chancellor, Philip Hammond, were set to reverse austerity in favour of stimulating growth with a particular focus on infrastructure. But it was right about the Midlands region economic performance and the results issued in the WMEF October Perspective show that preliminary figures from the Office of National Statistics confirm that GDP growth of 0.5 was achieved in Q3 2016.
So what’s been going on in the Midlands to help drive this economic growth?
The regeneration of Birmingham continues and we’ve been involved in the Longbridge Town Centre Project, which is a £100 million town centre at the former MG Rover site, the development will features the Midlands’ largest Marks & Spencer store comprising 150,000 sq ft, a six floor multi storey and 500 space car park and an additional 45,000sq ft of retail, restaurant and café space.
Making the city more attractive to students and businesses, Number 1 City Locks is in Birmingham’s new science, technology and learning quarter, and will provide accommodation for 659 students, alongside Birmingham City University’s new £260m state-of-the-art facilities, creating a new vibrant and rejuvenated campus in the heart of the city centre.
Four Ashes Park near Wolverhampton is a new £126.3 million stamping plant facility for Gestamp that will process the design, development and manufacture of metal automotive components to serve their clients, which include BMW, Jaguar Land Rover, Honda, Nissan Renault and Toyota.
In the Midlands retail sector, we’re working on the Gallagher Retail Park in Wednesbury. One of the Black Country’s biggest retail parks is being given a £5million revamp including three new restaurants creating around 150 jobs.
Engaging with us early
We always recommend that our customers get us involved at the earliest opportunity. Through Early Contractor Involvement (ECI) on many of the jobs we’ve worked on we’ve helped our partners and customers to cut costs, improve the environmental impact of the project, and ensure that it is delivered on time.
By engaging with us early, we can work collaboratively to get a better understanding of the programme and help simplify the design, provide innovative solutions through value engineering, manage the risks and develop a mobilisation plan.
By doing this, we can reduce costs, save time, deliver operational efficiency, bring environmental benefits and ensure the highest standards of health and safety for our client.
With ECI, you’ll have the whole team in place at the beginning of the project which helps to achieve more for less at every stage and ensures that everyone is working together to the same goals.
If you are planning a project and looking for an experienced groundworks and civil engineering specialist, click here to fill in your details and we’ll get in touch to chat about your requirements. Or you can just call the team now on 01926 319 724 or email us at [email protected]