Four businesses looking at Waterfront relocation
Four firms have inquired about relocating to a once-thriving business centre amid efforts to attract new tenants.
The Dudley Business Investment Zone was launched at the Waterfront in Brierley Hill in a bid to fill up empty office space and bring 1,600 jobs to the region.
Under the half-a-million pound scheme started in April, firms moving to the district get a two-year break in rates.
Those companies already based at the site and looking to expand can also get a discount.
Today, Councillor Judy Foster, cabinet member for regeneration, revealed four firms had already enquired about relocating to the area.
She said:"These are still very much early days for the Dudley Business Investment but we are really encouraged by the number of enquiries we have had.
"The new zone is now up and running and is part of our clear vision for bringing more business, investment and jobs into the area."
"There are huge economic benefits for the whole of Dudley borough by firms moving into the Waterfront with the scope for an additional 1,600 jobs.
"We are continuing to work with those companies who have enquired about the zone and with property owners at the Waterfront to ensure we make the very best of this exciting opportunity."
The Waterfront district has 650,000 sq ft of office accommodation, but about 200,00 sq ft is currently vacant.
The council cabinet approved the scheme in February this year. It will last for five years.
