Birmingham Wholesale Markets move still on track
Plans to move Birmingham’s Wholesale Markets to a new bigger site are still on track despite the recession.
The city council is pressing ahead with its scheme to transfer the markets from Digbeth to a new larger out-of-town site, believed to be the former IMI premises in Witton.
The council’s Cabinet was told a preferred bidder had been identified and detailed discussions would now begin with the aim of making a formal appointment in December.
The Wholesale Markets opened in 1974 and take up 21 acres, making them the largest in the UK. They sell and distribute meat, poultry, fish, fruit and vegetables, food service products, frozen foods and flowers to the trade and are operated by the city council under a Royal Charter from 1166.
The 80 businesses employ more than 1,000 staff and 4,000 small and medium businesses rely on them.
Last year the council valued the Digbeth land at £20million, but the slump is likely to have cut this by as much as half.