Dudley Council bosses and developers behind the £82m redevelopment of the Cavendish House site have pledged to work together on plans to transform the area.
The eyesore derelict office block in Dudley town centre finally came down earlier this year after nearly two decades as a blot on the borough skyline. And at last week’s online cabinet meeting, council bosses agreed to sign a Memorandum of Understanding (MoU) with developers Avenbury. It commits both parties to press ahead together with the key Portersfield gateway development in the town centre.
Jeremy Knight-Adams, of Avenbury, said:
"We have demonstrated our intent with the demolition of Cavendish House and we now look forward to our partnership with Dudley Council delivering our joint ambitions for a comprehensive development of the Portersfield site."
Councillor Patrick Harley, leader of the council, said:
"The crumbling of Cavendish earlier this year highlighted our commitment as a council to delivering real change for the people of the borough.
"The signing of the memorandum is a commitment from both parties that site will not stay derelict for long, with big plans for residential and commercial development on a key gateway site into the town.
"And we won’t stop there.
"Dudley is open for business, with lots of exciting developments and things to look forward to for people who live and work in the borough. It’s our time."
People can get all the latest information on regeneration activity in Dudley at www.regeneratingdudley.org.uk.