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2023 Investment Prospectus

Growth Corridors and Hubs

Key regional growth corridors and hubs:

  • A34 Corridor A Vision for Legacy the A34 Corridor has benefitted from major investment for the 2022 Commonwealth Games and there are plans to bring forward major new opportunities for residential, town centre, and mixed-use developments, as well as enhancements to the natural environment and transportation infrastructure.
  • Birmingham City Centre, Five Ways and Hagley Road Corridor which has existing permissions and further potential for a range of major mixed developments building on the areas excellent connectivity.
  • Birmingham Smethwick and West Bromwich Corridor major opportunities for residential development, as well as town centre regeneration.
  • Coventry and Warwickshire building in particular on the area s existing technology-driven, innovation and Higher Education assets, as well as its excellent connectivity, to provide new commercial and residential developments.
  • M54 Growth Corridor running from the conurbation through Telford to Shrewsbury and with substantial potential for new industrial or advanced manufacturing development, as well as major town centre redevelopment plans in both Shrewsbury and Telford.


The West Midlands is the leading location outside of London for job creation from inward investment