Market Leads & Opportunities
Sunbeam factory transformation back on track in boost for Wolverhampton
Work to transform Wolverhampton’s iconic Sunbeam factory will finally be completed after the project ground to a halt.The future of the landmark Penn Road building’s conversion was plunged into doubt last year after work stopped and developers QED went into administration.But now administrators Quantuma have teamed up with commercial property experts Colliers International and vowed to find a new developer to finish off the work to create 116 apartments at the historic former motorcycle factory.The 150,000sq ft building had stood derelict for two decades before work started after planning permission was granted in 2013.But last summer workers abandoned the site as the project hit financial struggles.Only 35 flats out of 116 were completed, with just 23 of them currently occupied.A coffee shop was also opened in the building.The administrators are inviting all enquiries including interest to fund, develop or purchase the property outright.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Lead developer sought for city centre redevelopment
26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre. - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million.
