i54 South Staffordshire
One of the UK’s premier enterprise parks
i54 South Staffordshire is a high-tech business park and represents a huge boost to the local economy and the future prosperity of Staffordshire.
The business park is located next to Junction 2 of the M54, near to Pendeford, on the boundary between South Staffordshire and Wolverhampton.
A number of global companies including Aerospace company MOOG, food testing specialists Eurofins, ISP (International Security Printers) and Jaguar Land Rover, are now located there.
Jaguar Land Rover’s new £500 million engine manufacturing centre will bring 1,700 new jobs by 2017 and thousands more in the supply chain.
Landmark local government investment project
Staffordshire County Council and Wolverhampton City Council invested over £40m to build a motorway junction and other site infrastructure to unlock the site which had remained undeveloped for many years.
The engineering works, led by the County Council, was the largest civil engineering undertaking in its history. The project was delivered on time, and on budget allowing for Jaguar Land Rover and the businesses on the site to open as planned.
Now complete, the new junction provides direct access to the i54 development site and was an essential aspect in attracting jobs and investment to the business park.
Work to extend i54 South Staffordshire by around a third of its current size will begin in Spring 2019 following the plans being approved by South Staffordshire Council in January 2019.
When the extended site is fully built and occupied by businesses from a range of sectors, it could release up to £3 million a year in business rates – around half of which could be reinvested in funding public services. The first phase of the extension would create around one million square feet of new commercial business floor space.
The current site has a workforce of 2,700 people, with half of those being held by people living within a 10-mile radius. Work on the western extension is scheduled to begin this spring and it is anticipated to be fully occupied by 2024.
i54 South Staffordshire facts and figures
97 hectare / 239 acre site
10.7 hectares of land (less than 12% of the site) remains available for development
When the site is fully built out, there could be up to 4,000 jobs on site
The site has access to a workforce of over 550,000 people within a 30 minute drive time. There are over 3 million people of working age within a 20 mile radius
There are 23,500 high technology and automotive related businesses within 1 hour of i54 employing 330,000 people. Automotive manufacturing and the supply chain is extensively represented in the region. R&D and Aerospace are also important established sectors whilst Environmental Technologies is a fast emerging sector.