I have received this Press Release and I thought it may interest you! It is not a Wednesfield matter but this intense row, is having impact on the City regeneration. Please read the information contained within the PR, and just hope that the bad blood which is clearly there can be assuaged away, by negotiation. In the meantime the City and its job hungry citizens suffer.
FOR IMMEDIATE RELEASE 21st January 2016
WORK HAS CEASED AT THE SITE OF JAGUAR LAND ROVER’S NEW £14MILLION SHOWROOM AND DEALERSHIP IN WOLVERHAMPTON
Following a number of recent enquiries made to us with regards to the proposed development of the Metal Castings site on the Penn Road, Wolverhampton; Building & Cost Management Ltd (Project Managers) in conjunction with Cranford Developments (previous owners of the site) wish to clarify the current position to the best of our knowledge.
The development was referred to on the front page of the Express and Star 5th February 2015 “JLR brings £14m showroom to city” and subsequent articles in the Express and Star on 21st September 2015 and 9th October 2015. The articles are attached for reference. We are regrettably writing to announce that the development has come to a halt for reasons that we have no control over. We acknowledge that this puts at risk the 70 jobs that were being created and are aware that this will leave the gateway site to the west of the city undeveloped for the foreseeable future. We also appreciate the disappointment this will cause the Leaders of Wolverhampton City Council who have been extremely supportive of the planned development.
We have been informed that the former dealership operator for Jaguar Land Rover in Wolverhampton, Pendragon Plc who closed its Land Rover business in Stafford Street and Bushbury Lane with the loss of 45 jobs in 2012, has launched a High Court action to attempt to prevent the former Managing Director of the Luxury Car Dealer group ‘Stratstone’, who lives near Wolverhampton and his new Company JRB Automotive Ltd, from proceeding with the flagship city centre development on Jaguar Land Rover’s behalf. All machinery and personnel have now vacated the site and the investors in the development including the Birmingham City Council local enterprise development fund have been advised of the position. We understand that Jaguar Land Rover are working hard to attempt to resolve the situation. We believe that the dispute is listed in the high court in March and hope to provide you with further updates in due course. – ENDS –
PUBLISHED: September 21, 2015 8:59 am LAST UPDATED: September 21, 2015 3:44 pm
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