Contractors are progressing well with the process of safely demolishing the former Steam Mill at Corn Hill.
This includes the removal of the steel extension that was factored into the initial Wolverhampton Interchange plans to enable access to the railway station car park, which will double in number to 900 parking spaces.
The redevelopment will see a new car park, cycle and motorcycle park, and taxi rank built as an extension to the existing multi storey, and the creation of a brand new entrance off Mill Street.
The existing frontage on Railway Drive will be improved as an interim measure with the current red steelwork repainted, while the existing entrance and egress will be closed up.
The medium term ambition is to build a new hotel on the land between Railway Drive and the car park which would effectively wrap around the existing frontage, creating a completely new view and a modern looking gateway to the new railway station.
Once the car park phase is complete the redevelopment of the new state of the art railway station will then follow to make way for the metro line extension, which will include a new stop to link in with the station.
Councillor Peter Bilson, Deputy Leader and Cabinet Member for City Assets, said: "As well as encouraging more investment and boosting prosperity in the city, the Interchange will become the gateway to the city for people arriving off the national rail network, by bus or Metro.
"Wolverhampton is one of the busiest railway stations in the UK, with Birmingham just a 17 minute journey away, Manchester 70 minutes and London 98 minutes.
"The demolition of the former Steam Mill will lead to the rest of this vital project falling into place and delivering the multi million transport hub the city deserves."
It is part of the wider £120 million regeneration of the Interchange area - and the new showpiece i10 building will be completed next month as part of it.
Providing the only top grade office accommodation in the city, i10 is a key component in the council's £10.6million office, retail and leisure development in this part of the city.
Superdrug, the UK's second largest beauty and health retailer, is close to signing up as the second new tenant of i10.
Greene King was secured last year as the anchor ground floor tenant and will open a Hungry Horse family friendly pub restaurant.
The council is also in advanced negotiations with other businesses interested in moving into i10.
- released: Monday 26 October, 2015