<<

Evolving Cities The changing face of

Artists impression to give an indication of the site’s future redevelopment. For reference only. Evolving cities

The UK’s cities are The Changing Face of Birmingham is one of our series of reports looking at how the undergoing a renaissance. UK’s key cities are evolving and the Large scale place making transformational change that is occurring, schemes are dramatically either in terms of the scale of regeneration improving how they are activity or a shift in perception. perceived, making them For each city, we identify the key more desirable places to live locations where transformation has happened and the key developments and work, and better able that have affected change. We then to attract new people and explore the key large scale regeneration businesses. opportunities going forward.

Birmingham today

The UK’s second largest Birmingham has regenerated through a City centre redevelopment has been A host of more recent schemes have New and improved infrastructure city has seen a dramatic strategic push to position itself as an integral to this revitalisation, creating new continued to strengthen the city’s offer has been crucial to Birmingham’s international destination for investment office districts, retail schemes and . and cement it as a major destination. progression. New Street Station and the transformation since the and the UK’s top regional centre for was one of the UK’s largest Paradise and Arena Central are both associated Grand Central Scheme is a turn of the Millennium. conferences and exhibitions. The city inner city mixed-use developments, landmark mixed-use schemes under leading example of this, providing vastly The 1980s and early 90s were promoted the growth of a service delivering a radical and award winning construction that will deliver a combined improved connectivity between the city based economy to replace the jobs transformation of the city centre. total of 4.3 million sq ft of space, with centre core and Southside. As well as a period of steady decline lost in manufacturing. More latterly city new public realm and linkages with key being a shining example of good design, The redevelopment of the Bullring, Grand for Birmingham, largely due has used its industrial heritage to grow its destinations. The recent completion of it is now the UK’s busiest station outside Central and The Mailbox has helped ‘maker’ and knowledge economies. Grand Central Shopping centre (adjoining . to the fundamental change Birmingham become a hugely successful New Street Station) has created one of the Private sector employment in financial retail centre, attracting more than 42 The Metro has been extended; bringing in the city’s economy as best performing trading environments for and professional services, tourism, leisure million visitors per year (2017). Alongside back to industrial activity declined. retailers in the UK and is anchored by a and retailing has risen rapidly over the last these projects, the multibillion pound and representing the start of a major 250,000 sq ft . Economic output shrunk twenty years. The unemployment rate as Eastside development enabled the city expansion of the system over the next and unemployment soared. of end-2018 stood at 6.7%, compared to centre to expand to the east creating an ’s on-going improvement few years. rates well over 20% for most of the 1980s. innovation quarter that is home to two will add to Birmingham’s professional A drastic structural change Birmingham’s national connectivity is one leading universities. services and business offer, with Three of the city’s greatest assets, with its central required to improve the city’s Snowhill set to deliver 360,000 sq ft in Assets such as these, combined with the location placing it within four hours travel fortunes was drastic. 2019. The Smithfield redevelopment to be resurgence of Jaguar Land Rover in vehicle time for 90% of the UK population. HS2 undertaken by Lendlease, and the Curzon manufacturing, will help Birmingham will further cement this and reduce travel regeneration proposals around the new realise its ambition to become a world times. HS2 station represent two of the UK’s leader in the advanced technology largest regeneration opportunities. manufacturing industries of the future. M6 11 2009 – 2019 Lawley Middleway 1 2 3 2 A47 Brindleyplace Buildings One, Two & Three Snowhill A4400 M6 A4540 12

M6 6 B4100

A38(M) A41 7 1 4

Broad St 14 4 5 6 A4540 B4100 New Street Station & Grand Central Park Central Paradise Bath Row 9 5 17 16 A4540 10

A456 St

Sherlock St A45

A4540 7 Belgrave Middleway Arena Central A4540

13 15

A38(M) A38

A441

A441

Bells Ln

A38

A441 A435

3 Longbridge Ln Redhill Rd Middle Ln Brindleyplace

Brindleyplace was delivered Master planned by Sir Terry Farrell, the Brindleyplace has seen a number of over a 16 year period, development is orientated around two Birmingham’s landmark transactions, major open spaces; Central Square and including the initial letting of 69,000 sq ft completing in 2009. The Oozells Square. Central Square is built at 1 Brindleyplace to Deutsche Bank pioneering scheme has around an award-winning butterfly roofed in 2008 and a further 134,000 sq ft to created a new urban glass cafe designed by Piers Gough of them at 5 Brindleyplace in 2013. CZWG and Lers Gough and is The project included a 240-room , a neighbourhood, bringing set in high quality open space with stone 900-space multi-story car park, a 340-seat together offices, shops, paving, raised lawns, trees, artwork and theatre, a health club, art gallery and the water features. It provides a central focus homes, leisure facilities and National Sea Life Centre, ’s largest to the public space network and counter aquarium. The estate was acquired in 2010 public spaces in a side balances the more sedate Oozells Square. setting with a strong sense of for £190 million by Hines UK on behalf The focal point of Oozells Square is the of Hines Global REIT in a joint venture identity and history. It was a former Oozells Street School building, now with Moorfield. The scheme has recently major catalyst for the wider home to the . The building been purchased by HSBC Alternative regeneration of the Westside was originally constructed in 1877 and Investment for £260 million. Key occupiers provides a strong visual centrepiece. include RBS, Deloitte, Deutsche Bank, area. Lloyds Bank and Avison Young. In total, Brindleyplace delivered 1.1 million sq ft of office space across 11 separate Brindleyplace is considered a huge buildings. It transformed the city’s office success and in excess of 10,000 people offering and in 2010 No.11 Brindleyplace now work there. It is frequently cited as a won ‘Best of the Best’ in the British leading example of high quality, successful Council for Offices (BCO) Commercial mixed-use city centre urban regeneration. Workplace Awards. Brindleyplace also produced ·143 apartments and townhouses and 100,000 sq ft of shops, restaurants, and bars. Buildings One, Two & Three Snowhill

These three buildings Snowhill has been dubbed ‘Birmingham’s and achieving a BREEAM Excellent rating. answer to ’ and the Following the success of the first two developed by Ballymore success of the first two buildings was buildings, M&G Real Estate committed represent the commercial key in instigating the production of the to funding Three Snowhill. This scheme much wider Snow Hill Masterplan. centrepiece of Birmingham’s is currently onsite and will deliver wider Snowhill Area. One Snowhill was completed in 2009 and 420,000 sq ft of office and leisure space represented a new standard for office in the UK’s largest ever speculative city accommodation in the city. It delivered centre office scheme outside of London. 250,000 sq ft of Grade A space with Ballymore is the developer, with BAM modern, flexible and efficient floorplates. the contractor. The building is scheduled 120,000 sq ft was pre-let to KPMG, with to complete in Summer 2019 and will taking the remaining 99,000 sq ft. accommodate 4,500 office workers. Two Snowhill completed in 2014 and The site of the three buildings has had a was largely pre-let to Gowling WLG. At challenging history due to its adjacency the time this represented the biggest to the main rail line into Snow Hill pre-let agreement in Birmingham’s history, station and also the introduction of the together with HS2’s commitment to Metro line that links Snow Hill to the 100,000 sq ft in Two, Snowhill this acted wider city centre and . as a catalyst for further investment. The first two phases enabled provision Two Snowhill is slightly bigger than for the Metro extension from Snow Hill to its ‘sister’ building at 314,000 sq ft and New Street which is now fully operational. played an important part in Birmingham’s The Snowhill development has been ongoing office market renaissance, again very successful and hugely important in raising the bar for Grade A space in the city growing Birmingham’s commercial offer. Longbridge

Longbridge is strictly This 468 acre site, formerly the MG Rover So far a total of 110,000 sq ft of office speaking outside the car plant, in south west Birmingham space is now occupied across the town has a worldwide reputation as the centre, with 250,000 sq ft of warehouse/ geographical focus of this historical home of the Austin . industrial space also occupied across report but its significance Following the collapse of MG in 2005, St the wider development. The pre- as the largest private sector Modwen commenced transformation of letting of a 20,000 sq ft office building Longbridge into a mixed use, high quality on the final plot at the Technology led, brownfield development urban environment. Park has just been secured, with project in the Birmingham completion due at the end of 2019. The completion of the Longbridge conurbation warrants its Innovation Centre (45,000 sq ft) and Two Planning consent is in place for an inclusion. Devon Way (30,000 sq ft) at Longbridge 86,000 sq ft office building at One Technology Park in 2007 helped Park Square and plans are being reinvigorate employment in the local area. progressed for further development on Two Park Square, which is likely to Further opportunities were created offer 45,000 sq ft of offices. Looking following the completion of circa ahead, up to 1million sq ft of future 150,000 sq ft of industrial buildings at The development can be accommodated at Caftan Centre in 2008. A new £66 million Longbridge Business Park, including a (250,000 sq ft) purpose built facility for significant element of light production, College with capacity for 15,000 manufacturing and technology space. students was also completed in 2011. The ongoing regeneration of Longbridge Comprehensive plans for a new £70 is establishing the area as a truly mixed million town centre regeneration use model of sustainability and the new scheme, incorporating shops, community will provide up to 10,000 restaurants and offices have since been sustainable employment opportunities implemented. A new 150,000 sq ft and 2,000 high quality homes when Marks & Spencer opened in 2015 along completed. with other leading retailers and new parking provision for 1,500 vehicles. New Street Station & Grand Central

The five year £750 million Prior to the redevelopment, New The project was financed through a transformation of New Street Street Station was dark, unwelcoming range of regional and government grant and overcrowded, with poor access regimes, private sector contributions Station and the new Grand for passengers and providing a including Central shopping complex poor initial impression of the City borrowing, to effect the CPO and fund completed in September for visitors arriving by rail. the conversion to create Grand Central. 2015. It has transformed first The new station has created a concourse The redevelopment was backed by impressions of the City for with three and a half times more space Birmingham City Council, Advantage for passengers, more accessible platforms , Centro and the visitors arriving by rail and and brighter, clearer and better links to Department for Transport. The project fostered further investment and through the station for pedestrians. It was delivered and managed through in the surrounding area. has opened up connectivity between the a contractual joint venture agreement city centre core and Southside, fuelling between Network Rail and Birmingham expansion, regeneration and a particular City Council. Grand Central was sold focus on new residential development in 2016 to Canada Pension Plan and within this key part of the city centre. The for £335 million. exterior design of the station is highly The scheme has directly created around acclaimed and benefits the perception 1,000 new jobs and provided a substantial of one of the UK’s main transport hubs. boost to the City’s economy and The second key component of the infrastructure. It has become symbolic scheme was the redevelopment of of the ambitions of both Birmingham the “traditional” Pallasades shopping City Council and the recently formed centre that sat above the train station. West Midlands Combined Authority; The new Grand Central complex has underlining the growth and strength significantly enhanced Birmingham’s of the local economy and acting as retail and leisure landscape. Anchored an ideal focal point for the physical by a 250,000 sq ft John Lewis, with regeneration of an expanding city centre. restaurants and F&B outlets benefitting . from the annual footfall of 55 million passengers a year. Grand Central provides 200,000 sq ft of additional retail space with a mix of high quality shops, cafes and restaurants. It is now one of the best performing retail destinations in the UK. Park Central

Park Central is one of the The regeneration of the once deprived Lee The final phase of Park Central (Phase largest and most significant Bank area has focussed on improvements 13) was completed during 2018. This to the former Central Area estates of phase, known as the Lexington Quarter, residential regeneration Birmingham, providing considerable comprises a mix of Private Rental Sector schemes in any UK regional benefits to the community. These include apartments and private sale units. a 30% mixed tenure housing stock transfer city centre. Park Central is The development is built around to Optima Community Association, significant landscaped public realm and a 61 acre residential­ led significant public art and open space park areas. The emphasis on investment mixed use scheme, delivered provision, highway improvements and in ‘place creation’ has enhanced the a range of community buildings. by house builder Crest scheme’s environmental credentials Nicholson in partnership with The development’s close proximity to and will help ensure its longevity. Birmingham City Council the city core has led to the emergence of complementary apartment schemes, and Optima Community both pre and post-recession. The removal Association. The scheme of the unsightly high rise concrete towers has been developed over (notably Haddon Tower) and extensive highway works have improved the urban the past 10 years and when environment of the wider Bath Row area. complete will comprise To date approximately 1,400 residential approximately 1,650 dwellings and all the commercial space residential dwellings and (285,000 sq ft) have been delivered. 285,000 sq ft of commercial space. Paradise

Paradise is currently Badged as ‘where commerce meets The massive up front infrastructure costs Birmingham’s highest ’, Paradise will comprise 3 public required to bring the site forward for squares, 10 brand new high quality office development has been funded via the profile office led mixed­ buildings, 70,000 sq ft of retail, 50,000 sq ft Greater Birmingham and Solihull LEP use regeneration scheme. of leisure space and a new 250 bed under Enterprise Zone legislation. The loan Previously a legacy of four/five star hotel. It will ultimately is being utilised for essential infrastructure deliver approximately 1.8 million sq ft of works, demolition of the old central library, 60’s contemporary space and accommodate site preparation, plot creation and related and constrained by the around 12,000 workers. phasing of public realm. City’s road network, it is a The first phase, consisting of One and Two The scheme is expected to be completed transformational example of , is under construction by 2027, almost 20 years after initial urban ‘place making’. and due for completion in Winter 2019. discussions first commenced between Building One has been pre-let in its the major landowners, Birmingham City entirety to PwC (150,000 sq ft). Council and Argent. Paradise will bring about wholesale The scheme is held by a land owning joint change of the entire area, incorporating venture between Birmingham City Council modern development with truly and Hermes with Argent appointed as magnificent historic civic buildings along development manager. The developer with existing public squares and will of the individual phase 1 buildings is a extend the traditional CBD into Westside joint venture between Hermes and CPP via . (Canadian Pension Plan). The huge infrastructure works are creating high quality pedestrian linkages to all key parts of the city. This is being achieved by the closure and removal of the original four lane vehicular ‘circus’ that historically contained and constrained the site. Arena Central

Arena Central is an important Situated in the Enterprise Zone, the Three Arena Central, a 240,000 sq ft office development in central scheme benefits from funding for building, has been pre-let to HMRC as infrastructure improvements and part of the Government Hubs programme Birmingham fronting Broad simplified planning. The 9.2 acre site is and construction is scheduled to Street and adjacent to master planned to deliver a 1 million sq ft complete during Q1 2020. Furthermore, Centenary Square linking mixed-use development, set within new the complementary 250 bed Holiday landscaped public realm. Inn Express recently completed and a the City’s Westside to the dedicated Metro stop on the route serving New Grade A office accommodation is traditional CBD. New Street and Five Ways will open during proposed with amenity retail/leisure, hotel December 2019. and basement car parking. One Arena Central has detailed planning permission The redevelopment will provide a class for 140,000 sq ft of office accommodation. leading mixed use location that helps meet Birmingham’s growing demand for Two Arena Central, a 210,000 sq ft office office accommodation. building, was forward sold to HSBC Bank as the new headquarters of its retail Arena Central is being brought forward banking business, delivering a high profile by Miller Developments and Kier under a anchor tenant. Construction completed in development agreement with landowner 2018 with the bank now in occupation. Birmingham City Council. The scale of the deal clearly demonstrates that major global corporations view Birmingham as an appealing location.

Birmingham tomorrow

Birmingham is The transformation to date has greatly new connection remains positive in triple the size of the network through However, solutions are being sought and However, the City must continue to unrecognisable from a heightened Birmingham’s appeal and the City. HS2 has already acted as a a £1.3 billion investment programme. most recently, planning permission has deliver a proposition that enables it according to Birmingham City Council, catalyst for investment and regeneration Birmingham’s Westside Metro extension been obtained by Birmingham Municipal to attract further high levels of inward decade ago and is a hugely visitors increased by 2.7% to 41.8 million in Birmingham. is will serve five new stops between Grand Housing Trust (BMHT), Birmingham investment. The new skills deal for the exciting and ambitious City in 2017. Subsequently, visitor spend an example of this potential and will Central and Hagley Road in , City Council’s house-building arm to West Midlands Combined Authority looking forward. The team rose by more than 9% on the previous become a new focal point following and will be the UK’s first battery powered construct its first modular homes. This will help mitigate this concern as up year totalling £7.1 billion, supporting HS2’s arrival, linking Eastside and trams. The new infrastructure will not only could be an opportunity to unlock to £69 billion has been unlocked to at Avison Young are greatly 75,000 new jobs. Business start-ups and the Colmore Business District. The deliver hundreds of thousands of people land and boost scale. However, what boost productivity and growth. enthused by its prospects residential employment are also up as regeneration will bring much needed to the heart of the city centre and new is clear, is that more must be done if Fundamentally, we believe that more individuals relocate to the City. high quality residential and office space. office developments at Paradise and is to fulfil its growth potential and believe the next 10 years Birmingham’s economy is now more Central, but it will also unlock new sites for and it will be a big challenge for both The next section of the report looks In terms of connectivity, HS2 will resilient, providing an excellent represent an unparalleled housing and commercial development. public and private stakeholders. period of opportunity for at the key schemes over the next 10 substantially increase rail capacity platform for further growth and the years that will enable Birmingham to and reduce journey times to London There is also a £110 million rapid bus Foreign Direct Investment into the right blend of future assets coming investment in the City and continue to evolve as a world class city. from 1h 21min to 49min and with the network, Sprint, being developed ahead West Midlands and Birmingham through the pipeline to realise it. wider West Midlands region. These, together with ambitious plans completion of the second phase, will cut of the Commonwealth Games which remains consistently high despite The sheer number of transformative for regional economic growth driven by the journey time to by 1hr. It will are to be hosted by Birmingham in the uncertain environment caused projects identified demonstrates the West Midlands Mayor, will revitalise also integrate Birmingham into ’s 2022. This will speed up travel times by Brexit. The strong talent pool, the huge potential and investor and develop strategically important high speed rail network, providing better between Solihull, Walsall, Sutton lower operation costs and modern confidence in the city. locations, providing new opportunities accessibility from European destinations. Coldfield and other neighbouring infrastructure have played a significant for Birmingham’s residents and visitors. towns to Birmingham city centre. role in attracting foreign investors. Significant investment has already gone The arrival of at Birmingham into the network and Birmingham continues to battle Curzon in 2026 will be a game-changer over the next few years, the West Midlands with a housing shortage, a and despite concerns of potential Combined Authority and Transport for common theme across the UK. delays, the overall sentiment for the West Midlands have ambitious plans to

Image supplied by Birmingham City Council M6 12 11 2019 – 2029

9 10 11 Birmingham Curzon Smithfield Peddimore 18 M6

M6

A41 A38(M)

12 13 14 Langley New Garden Square - Edgbaston Greater Icknield Masterplan and Port Loop A4540 21

9 14 17 20 22 16 10 A456 13 15 A45 15 16 17 A4540 Bristol Street Exchange Square 1 and 2

19

A38(M)

18 19 20 Regeneration The Birmingham Life Sciences Park Martineau Galleries

A441

Bells Ln 21 22 Innovation Birmingham and Steamhouse A38

A441 A435

4 Longbridge Ln Redhill Rd Middle Ln IMAGE TO FOLLOW Birmingham Curzon

Birmingham Curzon will be a The new HS2 line will be a huge asset, The station and its immediate completely new rail terminus providing seven high speed platforms and surroundings will be funded by HS2, while delivering radically improved connectivity the wider developments fall into the for the HS2 project in the and a gateway into the City. The station city centre Enterprise Zone. The scheme heart of both the city and will sit between the existing city centre will be integral to attracting significant the national rail network. It is core, the Eastside regeneration area and private sector investment in the city’s the Digbeth Creative Business Quarter. growth and this figure is expected to be the key part of the wider 141 around £1.7 billion over the 30 year life The associated residential development hectare Curzon Masterplan of the scheme, leading to the creation of will support around 4000 homes, making several new neighbourhoods across the which provides a framework an important contribution to the housing masterplan area. to guide development and supply required for the city’s growing regeneration, enabling the population. Construction of the station It is currently estimated that will commence in 2021/22 and will open 300,000 passengers per day will be City to fully capitalise on in 2026. accommodated by 2033 with 1,100 HS2’s arrival. The new station passengers per train, and 9 trains per hour. Birmingham Curzon Station will not only will sit within the newly be for high speed rail passengers and will The City Council predicts that Curzon created “Paternoster Place” become a focal point for transformation will generate a cumulative GDP impact adding quality new public driving new development opportunities. of c.£3.1billion and economic output The delivery of a world class station that of £1.4 billion. Over the life of the realm into the area and is to be a destination in its own right programme the net additional permanent ensuring linkages across to a and which will be fully integrated into employment impact is expected to be number of key regeneration an extended network, as well as 36,000 jobs. initiatives. providing pedestrian, cycle, taxi, bus and conventional rail connections to the rest of the City and the wider West Midlands will be transformational. The integrated Metro extension that connects the station with the wider city and Paternoster Place will provide connections into the wider Digbeth and Curzon Masterplan regeneration areas. Smithfield

Birmingham’s Smithfield Smithfield is a 17 hectare site which Development is expected to run for a is described as a formerly housed the wholesale markets 15-year period following the enabling that have now been relocated. The site, works. The hybrid planning application once in a generation located within the city centres Southern will incorporate detailed consent for opportunity to deliver Gateway area of transformation is set the first phases to include new markets a truly transformational out in the . Its successful provision, public square and public realm redevelopment will play a crucial role in alongside early residential development. development in the heart the transformation of the wider city centre The scheme will incorporate new family of the City. The area has a expanding it in a southerly direction. orientated cultural and leisure attractions; a vibrant market building, a substantial rich heritage as the home In January 2019, Birmingham City Council public space known as Festival Square, a confirmed the appointment of Lendlease of Birmingham’s markets residential neighbourhood and integrated as its preferred development partner and Irish community and public transport. The site will deliver following a lengthy selection process. this will be embraced in the over 3,228,000 sq ft of new mixed-use regeneration to help cement Lendlease are now working with the City floor space, more than 2,000 homes and Council to conclude a business plan and 3,000 new jobs, funded by £500 million the location’s distinctive finalised development agreement before of investment. It is anticipated that identity. submitting a planning application prior to the regeneration will ultimately add the end of 2019. £470 million of economic output to the local economy. Smithfield will capitalise on established nearby assets including the Bullring Enterprise Zone funding will be utilised Shopping Centre, Grand Central/ New to pump prime the delivery of Festival Street Station, as well as future projects Square and the public transport networks including HS2 and the Metro extension. (Metro and Sprint) that will serve The proximity of these activity centres are Smithfield. a major strength for Smithfield and will The key stakeholders in Smithfield’s generate substantial footfall and ensure regeneration include Lendlease, integration with the regeneration of Birmingham City Council (who own Digbeth and the HS2 Curzon project. much of the site), Centro and the Greater Birmingham and Solihull LEP.

Artists impression to give an indication of the site’s future redevelopment. For reference only. Peddimore

Peddimore is another scheme Peddimore is the most significant The City Council will require the which is strictly speaking industrial and logistics development development to be of the highest quality opportunity in the Midlands and one of and well connected, ensuring that outside of the focus of this the best in the UK. The 175 acre greenfield employees and visitors can access the report but is of such scale site has been released from the Green Belt site by sustainable modes of transport. and importance that we and allocated for Class B1(b), B1(c), B2 and To assist the design and development B8 development in the recently adopted process, a Supplementary Planning have decided to include it Birmingham Development Plan. Document has been prepared. This as it is located within the contains detailed information on The site is extremely well located on the constraints and opportunities as well as Birmingham conurbation. north-eastern edge of the City, adjoining guidance on development parameters the A38 dual carriageway and in close and delivery. proximity to the M42 motorway and M6 Toll. It is also close to well established Following a selection process, IM industrial and logistics companies and Properties have been chosen to bring will build on the existing success of the forward Zone 1 of the development, wider area. totalling 91 acres (1.77m sq ft) and upon the grant of planning consent will The majority of the site was historically be marketing warehousing/ industrial owned by Birmingham City Council opportunities ready for occupation from with the remainder controlled by Seven late 2020. The City Council have retained Trent Water. Initial masterplanning and a control of their remaining land for recently submitted planning application, industrial development by end occupiers. indicates that the site can accommodate close to 3 million sq ft of commercial floor space and a mix of development that could create around 4,500-5,000 new jobs. Langley

Langley is a significant Consultation on the Draft Supplementary The vision is to create an exemplar greenbelt release allocated Planning Document (SPD) for Langley, sustainable residential development for published by Birmingham City Council, future generations incorporating new within the adopted closed on the 22nd October 2018. The built form and a distinct identity and living Birmingham Development SPD (currently in draft form) is to provide environment. a vision on what the city expects Langley Plan (January 2017) as a 6,000 Along with the development of to be once it is developed, including key Peddimore on the adjacent site, Langley dwelling Sustainable Urban Development and Delivery Principles. Extension (SUE) in Sutton represents a great opportunity for the The development is centred on a town of and Birmingham Coldfield, north Birmingham. large parcel of former greenbelt land to deliver thousands of homes, skilled jobs It will make an important strategically located within north and modern infrastructure. Peddimore is contribution towards the Birmingham, in the Royal Town of Sutton the most significant industrial and logistics Coldfield. It is connected to the major road development opportunity in the Midlands city’s overall housing needs network directly via the A38 and close allocated for a mix of B1(b), B1(c), B2 and to 2031, and to support the to junction 9 of the M42. The site also B8 Use Classes. benefits from easy access to the M6 (Toll) economic growth of the The Langley site will itself benefit from and M6. region. a new roundabout access designed to The site is owned by several land owners service both Peddimore (to the east of and developers, including the City the A38) and Langley (to the west of Council, the majority of which are working the A38) and which is a commitment together as the Langley Sutton Coldfield to be delivered by IM Properties (the Consortium. The development will create development partner appointed by a new community supported by a wide Birmingham City Council to deliver the range of infrastructure from new public Peddimore scheme). transport connections, to a network of walking and cycling routes, extensive green infrastructure and public open spaces together with education facilities and local amenities.

Image: David Lock Associates New Garden Square, Edgbaston

Plans for a mixed-use, New Garden Square will create a vibrant The scheme will benefit from future public £330 million regeneration new urban quarter centred around transport improvements including the an attractive public square and adds extension of the Metro along the A456 of New Garden Square in to substantial regeneration activity by arterial route and Sprint, both of which Edgbaston were lodged in Calthorpe Estates, Birmingham’s largest will have stops close to the development. January 2017 by landowner private landowner. High quality pedestrian linkages will be delivered with access points and walkways The site of approximately 10.7 acres is Calthorpe Estates, and its through the development, connecting it located to the west of the city centre, just joint venture partner U+I plc. to the wider area. to the north of the A456, Hagley Road, a major arterial route into the city. The public square itself will form the centre piece of the development and has The vision is to deliver up to 400 been designed by award winning Glenn apartments, 500,000 sq ft of office space Howells Architects. It will be delivered and 19,000 sq ft of retail and leisure in the first phase of the scheme which is uses, including bars and restaurants. The expected to complete in 2022. The key planning permission retains the existing stakeholders in the scheme are Calthorpe Grade II listed buildings on site and the Estates and commercial development new office buildings, restaurants and bars partner U+I. will all front onto Garden Square. Parking provision for 900 cars will be provided and there is also potential for a 100 bed hotel. Greater Icknield Masterplan and Port Loop

Greater lcknield is an area is the largest proposed Following the release of the Birmingham with over 60 hectares development within the Masterplan Development Plan (2017), the Joint at 43.5 acres. The site has an outline Venture has decided to revisit the of new development planning permission for a mixed use proposed development and is seeking opportunities making it redevelopment of up to 1,150 dwellings, to increase the residential offering. the largest brownfield led together with retail, service, employment, While a planning application is yet leisure uses. to be submitted, a public exhibition redevelopment proposal in 2018 displayed their proposal for a Places for People and Urban Splash, within Birmingham. The mixed development of c. 680 residential together with Birmingham City Council dwellings. redevelopment of the area and Canal and River Trust have formed will strengthen connections Port Loop LLP. This is the vehicle which The City Hospital site extends to 49.4 between the city centre will facilitate the development of this acres. Homes England acquired 32.9 important regeneration opportunity acres of the site from the NHS Trust, and and Edgbaston and which will protect and enhance the this part of the site is due to be released areas. Edgbaston Reservoir (a site of Importance for development once the new Midland for nature conservation). In 2017 the first Metropolitan Hospital in Sandwell has phase of the development was granted been completed. A previous outline Reserved Matters planning permission for planning application submitted by the 207 residential dwellings, with commercial NHS Trust proposed the development space for Use Classes A1 – A5 and D1. The of the site to provide up to 700 mixed development of this phase commenced residential dwellings, including an element in 2018. of conversion of retained buildings. extends to c. 12 acres and forms part of the wider Greater Icknield Masterplan. The site is located to the south of Road and sits between both the Icknield Port Loop and the City Hospital sites. Planning permission was granted for the development of up to 504 residential apartments as part of a mixed use development and the site was subsequently acquired by the Joint Venture of Aspley House Capital, Galliard Homes & Claremont Property Group in 2017.

URBED Bristol Street

Bristol Street forms part The Southside and Highgate Quarter has The proposed scheme seeks to of the Southside and undergone significant regeneration within accommodate 1009 residential units the last decade to include the relocation together with an element of commercial Highgate quarter within of Birmingham’s Wholesale Markets space subject to obtaining the necessary Birmingham City Council’s outside of the city core and intensive planning approvals. high density residential apartment Big City Plan. The area enjoys The Bristol Street gateway to the city core development, encouraging the growth of is also dominated by land comprising the an effervescent mix of urban living. existing land uses and offers Bristol Street and St Lukes Development Major redevelopment opportunities Framework located beyond Monaco substantial redevelopment remain, as evidenced in particular by House and fronting both Bristol Street and opportunities. the considerable areas of vacant land the Belgrave Middleway. This gateway and derelict buildings along the Bristol site is owned by Birmingham City Council Street frontage. It is envisaged that the and Homes England who sought a continued regeneration of such sites development partner for the circa 21.5 coupled with effective placemaking acre site before plans were subsequently infrastructure will create a vibrant submitted on behalf of Barratt Homes. community environment together with The approved scheme which is bisected improved connectivity to the city core. by Sherlock Street, totals 778 dwellings together with associated retail. The The now part demolished derelict scheme will comprise 590 apartments and buildings comprising Monaco House 188 houses across the assembled site. The prominently front Bristol Street. The Bristol Street streetscape is certainly one site has been an eyesore for some time to watch in 2019 as pipeline regeneration however an application has recently been projects continue to evolve. submitted to the Planning Authority seeking approval for a high density residential redevelopment. Digbeth

Digbeth is a developing The area is currently home to a variety A number of residential schemes are area less than a 10 minute of uses including industrial, retail, offices currently under construction which and increasingly residential with the continues to transform the southern walk from Bullring & Grand most recently completed scheme of 313 area of Digbeth into a residential Central. Digbeth has a apartments developed by Seven Capital at neighbourhood. These schemes include fast emerging reputation Fabrik Square. 170 apartments at St Annes’s Court situated on Street and 520 Digbeth has several Enterprise Zone as Birmingham’s Creative apartments at Lunar Rise situated on High sites which will enhance opportunities Quarter and was recently Street Bordesley and due for completion for new development and reinforce in 2019. Planning permission has been named the ‘Coolest the areas economic activity. Both HS2 granted for a further 684 apartments and Phase 2 of the Metro extension Neighbourhood in Britain’ by nearby. The Sunday Times. will provide additional transport links transforming connections and boosting Significant forthcoming residential the regeneration potential of Digbeth. developments include Seven Capital’s £200 million development known as The aspirations for the creation of a new Connaught Square. Planning has now pedestrian focussed space connecting been approved for up to 700 apartments Shaws Passage and Bordesley Street will which will provide up to 500,000 sq ft of provide an arrival gateway into Digbeth residential accommodation along with from Birmingham Curzon and the city 42,000 sq ft of commercial space. The centre Core. proposed development comprises four Typhoo Wharf comprises an area of circa buildings of 4 to 28 storeys and will bridge 3.2 ha which has been identified as a the gap between the main city centre and regeneration opportunity for business, the growing creative quarter. Work on site retail, residential and leisure development is expected to begin in summer 2019, with around a canal basin with potential for completion of the first phase expected residential moorings. Beyond 2029, the in March 2022 and full completion by creation of a new public green space will August 2023. be important for future residents. The proposed Viaduct Skypark will mimic the iconic ‘New York Highline’ and provide opportunities next to the canal side off Montague Street. Exchange Square 1 and 2

Exchange Square represents Exchange Square is the final addition A new public square will also be to Nikal’s hugely successful £350m crafted that will form the heart of the the latest phase of the development in Birmingham development. Facing south, this new Masshouse development in city centre. Exchange Square is located public realm will include a mix of hard an enviable location adjacent between the city’s traditional business and soft landscaping and be flanked by a to the proposed new HS2 and retail districts and Eastside, which has number of restaurants, bars and cafes. been the focus for a sustained period of Phase 2 now has planning consent for the Curzon Street Station. investment and regeneration, including development of 223 apartments (secured Construction is progressing the Curzon Masterplan and the city’s new 2016), although Nikal is due to revise its HS2 terminus. An exciting new urban on the three residential proposals and submit a new planning village is being created which will provide application in early 2019 which will seek to towers which make up the circa 1,000 new high quality apartments increase the number of apartments. A deal first phase of development, plus shops, cafes and restaurants, all has been agreed by Nikal with Grainger directly opposite the new Birmingham which are scheduled to PLC, the UK’s largest listed residential Curzon HS2 terminal. be completed from 2019 landlord and leader in the UK private onwards. The scheme will be delivered in two rented sector (PRS), to forward fund and phases. Phase 1 will complete mid to late acquire 373 apartments at Exchange 2019 and comprises 603 rental apartments Square Phase 2 for £77million, as well as in three buildings of 27, 16 and nine having secured a pre-let for the delivery of storeys plus a 5,000 sq ft residents’ hub a new hotel as part of the overall phase. including a concierge and members club A third tower is proposed to complete style private lounge. The scheme will also the comprehensive development provide 27,500 sq ft of ground floor retail with details still to be confirmed. and leisure space plus 186 car parking spaces. The Phase 1 apartments have been sold to LaSalle Investment Management through a build to rent deal worth in excess of £100m. LaSalle acquired the long leasehold interest in the scheme on behalf of a client. Perry Barr Regeneration

Under the tag line Whilst Birmingham will be host City to Alongside the redeveloped stadium, the “Heart of the UK, Soul the Games and be at the very heart of former 18 acre Birmingham City University the programme, in a joined up approach, Teaching Campus will have its legacy of the Commonwealth”, venues and events are to be spread across underlined by a complete redevelopment Birmingham’s rising the West Midlands Combined Authority to comprise the Athlete’s village confidence and increasing area. Mountain biking at , supporting the entirety of the Games. The Netball at , Lawn Bowls in site has now received planning consent reputation is characterised Leamington Spa, six sports being hosted to accommodate 1,072 new flats and by the City’s bold by the NEC in Solihull and a brand new maisonettes, alongside 79 houses and ambitions to host the 2022 aquatics centre to be developed in 268 extracare apartments. During the Sandwell provide a flavour of the diversity Games, this accommodation will house Commonwealth Games, with of locations from across the region that up to 6,800 athletes whilst post Games, proud ambitions to ensure will pull together to ensure a successful they will be converted to 1,400 homes, a focus on regeneration and outcome. together with associated public realm and community facilities. rejuvenation. Whilst the , Mayor of the West Midlands, Games’ themselves will only said: This new Games associated development “This was always a regional bid, with will herald the complete regeneration of take place over a period of many of the regional partners supporting Perry Barr in what has been termed “the 11 days, the legacy will last financially. It is, therefore, particularly most transformative legacy” of the Games, for generations. pleasing that some of the events and bringing significant investment and competitions will take place around regeneration. the region, giving us the opportunity to Development will also be supported by a showcase places like Cannock Chase and significant level of infrastructure ranging Leamington Spa to the world, and ensure from the “Sprint” public transport system, the benefits of what I am confident will be a a remodelled rail station and a breaking fantastic event, are shared out.” down of hard highway infrastructure The events programme adds a number that has, for many years, scarred the area; of additional sports to the mandatory resulting in a far wider and more diverse disciplines and this diversity of sports access solution. reinforces the Commonwealth Games’ Research by the former Treasury and track record for inclusive para sport and MHCLG economist, Chris Walker, provides gender equality. the latest update on economic impact, As a major component of the games, the estimating that hosting the 2022 Games athletics programme will take place at will provide an economic boost of at a fully modernised least £1.5 billion into the West Midlands in Perry Barr, North Birmingham, with its economy in the first year alone, with capacity being increased on a permanent further benefits each year beyond, adding basis from the existing 12,700 to 20,000 an additional 1.3% GVA to the West spectators. Midlands.

Proposed Athletes’ Village The Birmingham Life Sciences Park

The development of a The University’s ambition is to ensure that The Life Sciences campus has planning the site’s unique position close to the QE consent for approximately 375,000 sq ft significant Life Sciences Hospital, and of life sciences use within use class B1 Park (LSP) is a long standing part of the Edgbaston Medical Quarter and the University will be entering into regeneration initiative of the (EMQ) is used to further the growth of the a deal with an appropriate party to City Council. Following its life sciences sector in the City and attract re-masterplan, and ensure that the site further inward investment. optimises its potential to bring forward remediation, the University development. of Birmingham purchased The on-going expansion of the University of Birmingham, the recent establishment To ensure that best use is made of the a 10 acre part of the former of the new QE Super Hospital, and other site and that the key partnering needs of Battery Park site from the developments such as the Bio Hub both the public and private sectors are City Council. Having worked Incubator and Institute of Translational met through the development and on- Medicine has underscored the area’s going use of the site, the University will be up their outline proposals importance for health related uses. The ensuring that a true partnership approach and ambitions for the Edgbaston Medical Quarter is predicted to is taken to all aspects of both delivery and development, the University expand significantly in the coming years. future occupation of all premises within are promoting it as the focal the scheme. point for Life Sciences and healthcare/medical related development in the region. Martineau Galleries

Martineau Galleries is a large Extending to approximately 6.5 acres and Martineau Galleries was originally going city centre site occupying a consisting of The Square shopping centre, to be developed as a retail led mixed- Dale and Century Houses, High Street NCP, use scheme, with a planning consent strategic location between 1–7 Kings Parade and Londonderry House, granted in 2006, but is now likely to be the head of the proposed the site will become a key gateway to more commercially focussed. It is likely to HS2 station at Curzon and the the city centre when the new HS2 station include substantial office and residential opens in 2026. space, with supporting retail and leisure. Colmore Business District. It is likely to be delivered alongside other Master planning and massing proposals major regeneration opportunities related are not in the public domain at the time to HS2 and other transport infrastructure of publication, but could well exceed 2 improvements in the locality, including million sq ft of commercial space and the wider Curzon area regeneration, the 1,000 residential units. Digbeth corridor and across Eastside generally. The site is now wholly owned by Hammerson having been bought out of a consortium previously including Land Securities and Phoenix Group in early 2015. This consortium had previously developed Martineau Phase One and the Bull Ring under the banner of The Birmingham Alliance. Innovation Birmingham

Bruntwood who recently Funding for the Knowledge Quarter Phase 2 (2019 – 2023) acquired Innovation expansion has been secured through To fuel further growth in digital and Bruntwood’s £360m landmark partnership innovation start-ups, and build strong Birmingham are keen to with Legal & General Capital, and public-private-academic innovation expand and develop the Bruntwood will be actively seeking further partnerships, additional space is required campus with a long term Foreign Direct Investment. to ensure adequate grow-on space and aspiration to support With the investment capital secured, new purpose built accommodation for innovative anchor companies. Phase the development of Bruntwood’s SciTech are ready to commence delivery of the initial phases of 2 focuses on opportunities within Birmingham’s wider building to deliver new innovation space. Birmingham Science Park to stimulate and ‘Knowledge Quarter’. This has consolidate the innovation ‘ecosystem’ Three phases of development create with the ability to create somewhere in the potential to become a a roadmap to realising the ambition the region of 1.1 million sq ft of innovation thriving and internationally to create a vibrant and productive space and close to 3,000 jobs. renowned research and Birmingham Knowledge Quarter of international standing: Longer Term Opportunities (2021 – 2030) innovation led sustainable Strong partnerships, involving Phase 1 (2018 – 2020) city neighbourhood. University and Birmingham City Competitiveness and To allow Innovation Birmingham to meet University along with others, will drive latent market demand, flourish and reach investment and growth. Emerging smart attractiveness to both its full potential, Bruntwood are looking city technologies, the arrival of HS2 and local, regional, national and to quickly enlarge the quantum of space the diverse and young city population international businesses available for new and existing incubated allow the opportunity to re-imagine the businesses to grow on. Maximising the and individuals is required future of the wider area and consolidate Enterprise Zone and 5G test bed status Birmingham as a top global city. Realising to ensure a sustainable and the development of new buildings will this potential will rely on coordinated leading knowledge quarter. allow growth, with the first 85,000 sq. spatial, economic and infrastructure ft. of new commercial innovation space planning amongst all stakeholders – the planned for design and delivery in 2019. Birmingham Knowledge Quarter plan There is the ability to create up to a total of aims to outline the opportunity. 240,000 sq ft of innovation work space. Eastside Locks and Steamhouse

Eastside Locks is a major The scheme is adjacent to the new The scheme has outline planning consent Birmingham City University campus and for 650,000 sq ft of commercial space. mixed use scheme in the the Innovation Birmingham campus The first phase of this has already been heart of Birmingham’s and forms part of the wider Eastside delivered in the form of the 45,000 Eastside Quarter. It covers Quarter. The canalside setting and views sq ft Joseph Priestly building which approximately 14 acres in over the city ensure a class leading was purchased by Birmingham City environment in which to live and work. University. The remaining undeveloped a prime strategic location commercial land was subsequently The ambition is that as the site develops adjacent to the proposed acquired by the University in 2018 to it will foster interaction between students accommodate future expansion across HS2 station. Its purpose and the private sector much like around the educational and commercial sectors. has evolved significantly Kings Cross in London. Development will since its inception as part include an incubation hub and innovation Again in 2018, the remaining building extending to approximately undeveloped residential land was of the Eastside knowledge 120,000 sq ft, aimed at the STEAM sectors purchased by Berkley Homes for up to economy, transforming this and owned and operated by Birmingham 550 apartments to complement the part of Birmingham as an City University. Developing this offering now established £30 million, 625 unit and the associated reputational benefit student housing scheme by Alumna. educational and research is important for Birmingham, if it is to 100,000 sq ft of retail and leisure sector. deliver on its ambition to be a centre development is also proposed along with for knowledge based industries. significant landscaping and public realm. The plans seek to maximise the waterfront setting and should make Eastside Locks a unique destination when complete. If you’d like to talk to one of our team to discuss property services or any market leading research, please get in touch.

Carl Potter and Managing Director 0121 609 8388 [email protected] Mark Birks Principal 0121 609 8463 [email protected] David Willmer Principal 0121 609 8302 [email protected] Craig Alsbury Principal 0121 609 8445 [email protected] David Martin Principal 0121 609 8623 [email protected] James Dair Principal 0121 609 8297 [email protected] Visit us online avisonyoung.co.uk

All information current as at February 2019

Avison Young @AYUKviews 3 Brindleyplace Birmingham B1 2JB. Avison Young is the trading name of GVA Grimley Limited. ©2019 Avison Young File number: 11852

This report has been prepared by Avison Young for general information purposes only. Whilst Avison Young endeavours to ensure that the information in this report is correct it does not warrant completeness or accuracy. You should not rely on it without seeking professional advice. Avison Young assumes no responsibility for errors or omissions in this publication or other documents which are referenced by or linked to this report. To the maximum extent permitted by law and without limitation Avison Young excludes all representations, warranties and conditions relating to this report and the use of this report. All intellectual property rights are reserved and prior written permission is required from Avison Young to reproduce material contained in this report.