Home builder Countryside Properties has agreed to make a new office and retail development in Wolverhampton its regional headquarters.

A deal has been signed with the city council to occupy the top floor of the new i10 building.

The development forms a 'key component' of the city's £120 million Interchange scheme.

Ian Kelley, MD of Countryside's Partnerships North Division, said: "As a leading home builder specialising in place making and urban regeneration we are delivering significant growth in the sector.

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"i10's strategic location and quality of accommodation were a major draw as we look to expand our Partnerships business into the West Midlands where we see great opportunity for urban regeneration."

Tim Johnson, the council's Strategic Director of Place, added: "It is a big feather in the cap of Wolverhampton to attract such a prominent name as Countryside.

"The i10 development certainly has the wow factor and its location at the gateway to the city for people getting off the national transport network has been a major selling point.

"We can now look forward to seeing the occupiers thrive and hopefully encourage other business to similarly invest in Wolverhampton."

Wider development on the scheme will include a new modern railway station and an extension of the Metro line.

Work has started on the refurbishment and extension of the railway station car park.

(LM)