DY5, Dudley's Business and Innovation Enterprise Zone is located in the rapidly growing West Midlands, the location of choice for business offering low cost and high quality office and industrial space connected to the regional infrastructure.

A successful location and home to existing occupiers including Insurance Protector Group (IPG) and Prosperity Wealth.

Benefits for new occupants of the enterprise zone such as business rate relief: up to £55,000 per year business rate discount over a five-year period for new occupants.

 

Property and Land available

DY5 has land and existing property available for occupation.

How?

The enterprise zone will reinvigorate the existing Waterfront office complex, and as well as doubling the total office accommodation on offer around the site to 1.5million sq ft, it will expand onto vacant industrial land in the surrounding area.

Dudley’s existing manufacturing and industrial base will be bolstered by the introduction of new industrial space as well as creating new accommodation for businesses in the technology and service sectors.

The enterprise zone covers an area of 70Ha, and within 25 years it will see:

  • A £600m injection into the region's economy

  • 65,000m 2 of new industrial space

  • Support the creation of over 300 new businesses

  • 18,000m2 of vacant office space reoccupied

  • 11,000m2 of new office space

  • 36,000m2 of new technology space

  • Generate up to £165m in business rates

Benefits of the Enterprise Zone

Up to £55,000 per year business rate discount over a new five-year period for new occupants

Simplified local authority planning

Superfast broadband

 

PLEASE NOTE: Businesses that locate onto sites in the enterprise zone must have done so before March 2022 to be able to access business rate relief.