What is EM DevCo?

EM DevCo is a CLG company owned by 5 councils in England’s East Midlands and supported by the Midlands Engine

It will maximise the transformational potential of three huge regeneration sites:

What will it do?

Growth

Reverse historic under-performance by building on the East Midlands’ significant economic potential.

Sustainability

Drive growth in a way which puts local people first, coordinates efforts across public and private stakeholders, and embraces sustainable technologies and sustainable developments.

Delivery

Used focused resources and a clear remit to unlock potential and accelerate delivery.

How will it do it?

The Devco’s focus is on the three sites, whose potential we will progress and unlock via

  • Facilitating alignment around a coherent vision for area regeneration
  • Taking a comprehensive and integrated approach to planning & delivery, as opposed to piecemeal or adhoc development
  • Bringing together the dedicated skills & capacity necessary to plan and deliver at strategic scale
  • Providing certainty that de-risks investment in development and infrastructure projects of an exceptional magnitude
  • Establishing a vehicle whose professionalism and credibility enables Government and private investors to deliver on levelling-up through long-term restructuring of the regional economy
  • Accessing the commercial and public finance that enables delivery
  • Be a platform for inward investment, marketing and promotion
  • Identify and help secure infrastructure which unlocks investment and development
  • Work with partners to connect communities to opportunities by investing in skills and connectivity

EM DevCo is here to coordinate, enable and deliver regeneration that has the potential to unlock growth that will have impact at regional scale – and to do so in a way which creates a repeatable model