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Reviewing the Plan for Solihull’s Future

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<strong>Reviewing</strong> <strong>the</strong> <strong>Plan</strong> <strong>for</strong> <strong>Solihull’s</strong> <strong>Future</strong><br />

Draft Local <strong>Plan</strong><br />

6. Sustainable Economic Growth<br />

Introduction<br />

110. Solihull has one of <strong>the</strong> most productive economies in <strong>the</strong> Midlands. The presence of its key<br />

economic assets combined with <strong>Solihull’s</strong> central location on <strong>the</strong> national motorway and rail<br />

networks and <strong>the</strong> quality of its environment, have been key to its success in attracting<br />

investment, particularly in high value-added sectors that include automotive<br />

manufacturing, ICT, business and professional services, creative industries and<br />

construction. The attractiveness of <strong>the</strong> Borough to businesses and investors is set to take a<br />

significant leap <strong>for</strong>ward with <strong>the</strong> arrival of <strong>the</strong> high speed rail link and <strong>the</strong> Interchange<br />

station that is to be accommodated in <strong>the</strong> Borough.<br />

UK Central<br />

111. The UK Central proposals present a unique opportunity on a nationally significant scale to<br />

bring <strong>for</strong>ward major growth. This will contribute to wider strategic ambitions and in doing<br />

so make a substantial contribution to <strong>the</strong> economic growth aims of not just <strong>the</strong> Council, but<br />

also both <strong>the</strong> WMCA and <strong>the</strong> GBSLEP. The UK Central area, including The Hub, where key<br />

economic assets are located, also encompasses <strong>the</strong> proposed High Speed 2 Interchange<br />

railway station within <strong>the</strong> triangle of land bounded by <strong>the</strong> A45, A452 and <strong>the</strong> M42, now<br />

known as Arden Cross.<br />

112. The UKC Masterplan (June 2013) highlights <strong>the</strong> opportunity as follows:<br />

“At <strong>the</strong> heart of <strong>the</strong> proposition is <strong>the</strong> notion that, by capitalising on one of <strong>the</strong><br />

strongest economic bases in <strong>the</strong> country today, <strong>the</strong> area has <strong>the</strong> potential to<br />

underpin a national economic resurgence. By targeting investment in local<br />

infrastructure and committing to deliver an expanded Airport and proposed HS2<br />

station, <strong>the</strong> benefits <strong>for</strong> <strong>the</strong> area and <strong>the</strong> UK are not only startlingly significant but<br />

also very exciting at a time when <strong>the</strong> country is moving out of one of <strong>the</strong> worst<br />

economic cycles in modern history.”<br />

Solihull MBC - 38 - November 2016

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