Threat to dissolve Wolverhampton eye infirmary developer lifted
The threat to dissolve the developer behind plans to redevelop a landmark city site has been lifted.
A compulsory strike-off notice against BZ Property Holdings, which is behind development plans for the former Wolverhampton and Mid Counties Eye Infirmary, has been discontinued after the company submitted its accounts.
The company had been given a deadline of March 14 to comply, otherwise the company would have been dissolved and its assets handed to the Crown.
Director Zed Ahmed said it had been an oversight on the part of his accountants, and he hoped work would recommence soon.
Mr Ahmed added that the site was no longer owned by BZ Property Holdings, but three separate holding companies of which he was a director, although BZ Property was still overseeing the redevelopment of the site, he said.
In April 2023, the company was granted planning permission to create 50 apartments at the Compton Road site, along with a school for pupils with special educational needs, an eating disorder clinic, and shops. This was later increased to 95 apartments.
