A major regeneration project in Wolverhampton city centre has moved into delivery after securing significant new funding, appointing a main contractor and starting construction on site.

The Smithgate development will create a new mixed-use quarter at the heart of the city, delivering up to 1,000 new homes alongside public spaces, shops and amenities. The scheme aims to create a place where people can live, work and spend time, while helping to revitalise the city centre.

The 12-acre regeneration is being delivered by ECF – a partnership between Homes England, Legal & General and Muse – in collaboration with City of Wolverhampton Council. The site links School Street and Darlington Street with the area around Market Square and is being brought forward through close engagement with local stakeholders and the community, with a focus on creating an inclusive and well-connected destination.

Sir Michael Lyons, chairman at ECF, said: "We're pleased to be working with the City of Wolverhampton Council to deliver long-term regeneration that will make a real difference to residents and businesses.

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"These milestones mark an important step forward for Smithgate as we work together to transform the area into a new mixed-use district, bringing forward new homes, high-quality public spaces and places for people to connect in a vibrant city centre.

"We are confident this will unlock economic growth, create jobs and act as a catalyst for further investment in Wolverhampton city centre."

ECF has appointed Caddick Construction as main contractor for the current phase, with work now underway on the first phase of the development, known as Bicycle Works. This phase will deliver 331 new homes and support the creation of highly skilled jobs for local people.

The wider Smithgate scheme will introduce safe open spaces, shops and cafés designed to encourage social interaction, strengthen community ties and support local businesses.

Basit Ali, development director at ECF, said: "Reaching these milestones is a major step forward for Smithgate.

"Working with Caddick and having funding in place means we can accelerate delivery, bringing high-quality homes, green spaces, and vibrant places that not only make Wolverhampton more liveable but also unlock significant economic growth, creating jobs and having a long-term positive impact for the city and its people."

Significant investment has been secured for the first phase of delivery, including £18 million from the West Midlands Combined Authority and £65 million in private funding. ECF said the funding demonstrates strong confidence from regional and national partners in Wolverhampton’s future.

Over the next decade, Smithgate is expected to deliver significant economic benefits for Wolverhampton by creating jobs, skills opportunities and increased city centre footfall. Once complete, the development will also provide around 20,000 sq ft of retail, leisure and commercial space.