Beatties owner to hold crunch meeting with mayor's team to seek funding for redevelopment of Wolverhampton landmark
The owner of the former Beatties building in Wolverhampton will this week hold crunch talks to seek extra funding.
The former department store building in Victoria Street was purchased by the Eden property group two years ago, but plans to convert it into a mixed-use leisure, retail and residential development have stalled due to a lack of funding.
Director Hitesh Raghwani will now seek financial support for the scheme from West Midlands Combined Authority at a meeting on Friday (February 13).
The 100-year-old building, with its landmark art deco frontage, has been lying empty for seven years after the retailer was taken over by Mike Ashley's Sports Direct group. Rebranded Frasers, the department store moved to smaller premises in the Mander Centre.
