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Lichfield District Council launches prospectus to attract new business investment just days after Friarsgate plan collapses due to lack of private funding

Economic development officer Jonathan Percival and Cllr Ian Pritchard launching the new 'Investment Prospectus'

Economic development officer Jonathan Percival and Cllr Ian Pritchard launching the new ‘Investment Prospectus’

A new guide outlining why companies should invest in Lichfield has launched – just days after the collapse of the Friarsgate redevelopment plans due to a lack of private funding.

The long awaited city centre project was axed by councillors, despite the scheme being more than a decade in the making.

But Lichfield District Council has now launched an ‘Investment Prospectus’ in a bid to attract more funding to the region and persuade more companies to relocate here.

Factors such as “excellent transport links” and “bustling city and town centres” are highlighted, together with information on development sites such as Burntwood Business Park, Lichfield South Business Park, Liberty Park, Prologis Park and Fradley Park, as well as opportunities for investment, such as the former GKN site on Trent Valley Road and land at Cricket Lane in Lichfield.

Councillor Ian Pritchard, Cabinet member for economic growth, environment and development services, said: “I am delighted to launch the Investment Prospectus, which will help us to promote all that we have to offer the business community.

“From our strong new business survival rate, through to our development and investment opportunities, in the prospectus we illustrate why companies across the country and beyond should settle their businesses in the heart of England and make Lichfield district their home.”

People can download the prospectus online.

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  1. Roy Appleby

    13th July, 2018 at 3:33 pm

    There’s your problem. The LDC is strangling the city with all these developments and they want more business to come and finally kill Lichfield with all the HGVs and congestion without thinking about infrastructure. God help us !!

  2. Philip Allso

    13th July, 2018 at 4:11 pm

    A lot of new industry is land hungry but not labour intensive. While they may generate extra rates they will not provide many jobs. The extra traffic will obviously be a problem as the ill conceived Southern Bypass is lacking in design and purpose. If this new? Initiative is supposed to raise our spirits after Friarsgate then I’m afraid it will only serve to further spread the city and (as Roy Appleby states) cause further infrastructure problems. Exactly where all the new citizens from the many new developments are going to work, school, or receive medical attention is unstated. It is already apparent that parking and travelling in and around Lichfield is a developing problem. The council may be working along the lines of Local and National directives but we are finishing with a camel not a horse! The housing minister was interviewed the other day on the subject of new towns. As part of the conversation she admitted the inpact of over development was spoiling and detrimental to existing historic towns and cities.

  3. Dave

    16th July, 2018 at 8:41 am

    Interesting that LDC want to attract investment whilst not wanting to back the city themselves??

  4. LetsGiveItASpin

    16th July, 2018 at 1:13 pm

    Strange for them to be backing businesses when they closed a number of businesss down for #friarsgate … can they be actually trusted anymore and do busiensss in Lichfield trust them now? Foolish if they do

  5. John Griffiin

    16th July, 2018 at 3:13 pm

    Basically, apart from pocket lining, they have neither imagination nor a commercial clue.