The lease is because of end in 2026, and the greyhound racing track operator prepares to transfer to brand-new properties at Monmore Green in Wolverhampton.
A representative for Corbally Group, said: “The existing website uses little in regards to larger neighborhood worth and we’ve worked carefully with the racetrack operator to support its transfer to brand-new properties within the area.
“We have developed an exciting scheme, which not only delivers new homes but will create attractive new public spaces and unlock access to the river front.”
The propositions consist of a series of public and personal gardens, play locations, and interactive play grounds to promote positive health and wellbeing and healthy way of lives.
The strategies will likewise support sustainable long-lasting development in Perry Barr by opening the River Tame with a brand-new, biodiverse riverside park which will be open to the general public.
A preparation application is presently being prepared and is set to be sent in the coming months.