Invest in Birmingham: further redevelopments
Over the past year, NovaLoca have been looking into the benefits of relocating a business to Birmingham following on from the Urban Land Institute and PwC’s annual Emerging Trends in European Real Estate report showing Birmingham as 6th in the ‘top 10 real estate markets with the best prospects’.
Birmingham City Council have a 20 year vision called “The Big City Plan” which includes plans to create over 50,000 new jobs, create 1.5 million square metres of new floor space, create a well connected and efficient City Centre and to deliver five areas of transformation to support the growth of the City Centre.
We’ve been keeping up to date with the many different redevelopments and projects over the past year and after speaking with the Bilfinger GVA Birmingham office, we’ve seen even more reasons to invest in Birmingham!
Paradise – the vision of urban regeneration
This is one of the biggest regeneration schemes ever undertaken in Birmingham City Centre. This will create a vibrant mixed use development of commercial, civic, retail, leisure and hotel space, providing major improvements to pedestrian access and greatly enhanced public realm befitting this exemplary historic setting.
Arena Central – a mixed-use city development
The 9.2 acre Arena Central site is master planned to deliver 1.2 million sq ft of mixed-use development, set within a brand new landscaped public realm. This will also be home to the HSBC HQ for retail and business banking.
Arena Central forms a significant part of the city’s vision for regeneration, as laid out in the Big City Plan and is situated in Birmingham’s city centre Enterprise Zone which offers simplified planning and reduced business rates.
Eastside Locks – Birmingham’s vibrant new quarter
Eastside will provide a vibrant and energetic environment, where Grade A offices sit next to shops, restaurants, a bustling new campus for Birmingham City University and on-site hotel. The site is also immediately adjacent to the upcoming HS2 station.
To read our interview with Bilfinger GVA, Birmingham – click here!
For more on developments and projects in Birmingham – click here!
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