Overview

• Chancellor Rachel Reeves confirmed £2.4 billion of a £15.6 billion UK transport fund for West Midlands infrastructure over the next five years.
• Between £300 million and £400 million has been earmarked for a Metro extension from Birmingham city centre through Digbeth to the planned Sports Quarter on the former Wheels site.
• Outline plans for the Sports Quarter are expected in autumn 2025, with tramline construction slated to begin shortly and to be operational before the stadium is built.
• Knighthead Capital’s £3 billion development will feature a 62,000-seat multi-use stadium, high-performance training facilities and mixed-use real estate.
• The project is forecast to generate 10,000 construction jobs, sustain over 8,000 full-time roles and add £450 million annually to the local economy by 2035.