HS2 to bring Major Commercial Development to Birmingham City Centre

Posted on 3 March, 2014 by Neil Bird

An area of Birmingham city centre is set to undergo a huge redevelopment programme thanks to HS2. The regeneration will accompany the construction of the high speed rail station at Curzon Street and will include 600,000 square metres of business space.

Birmingham-Culture

The ambitious proposals are outlined in the city council’s Birmingham Curzon HS2 Draft Masterplan which sets out the local authority’s vision for the ‘once in a century opportunity’ to transform the 140 hectare site around Digbeth and Eastside.

The proposals include plans for a landmark station, the extension of the Midland Metro, parks and public space and 2,000 new homes. It will be one of the biggest urban regeneration projects undertaken in Britain and will take 25 years to complete.

The commercial element of the proposal, which will bring offices and a major retail renaissance, is expected to create 14,000 jobs and boost Birmingham’s economy by £1.3 billion a year.

Andy Street, the chair of the Birmingham and Solihull Local Enterprise Partnership (LEP), describes Curzon Street as an economic game changer that will facilitate the redevelopment of a significant area of the city centre.

“The scale of the opportunity and the size of the prize means that the partners have been looking very carefully at how we fund and maximise the potential,” he said.

“A number of innovative and ambitious proposals will be included in order to enable us to unlock the development, deliver a world-class station for Birmingham and breathe new life into that part of the city in addition to a wider package of connectivity interventions.”

HS2-to-bring-Major-Commercial-development-to -Birmingham-City-Centre

The proposals have been welcomed by the chief executive of HS2 Ltd, Alison Munro, who said that HS2 is committed to working with the partnership and the local community to bring the scheme to life.

“This is exactly the kind of ambitious plan that will stimulate the public-private sector partnerships needed to unlock investment,” she said.

The proposals will be presented at next week’s MIPIM property conference in Cannes and the consultation will continue until 24th April.




Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Recent Posts

Interest Rates Impact on Commercial Property

Commercial Property Investment Outlook for 2023

The best places to stay on the Riviera

The latest property data has identified Newquay as the fastest property seller’s market in the UK

Investing in your garden can increase your property’s value

French Riviera temping high-end homebuyers

How can the ownership rights of my commercial property impact a business sale?

Should I incorporate virtual property viewings permanently?

Investment expected to increase across Asia-Pacific in 2021

UK property industry slows as the conclusion of tax break looms

BNP Paribas cautioned investors on Friday as debt-trading bonanza that increased its earnings this past year

Over 300,000 property purchases fell through in 2020 – we show the most frequent motives and the best way to get your house sale back on track

House Prices in the Capital Surpass £500,000

Optimism from the Bank of England’s chief economist

The most expensive commercial properties.

Businesses operating from shared premises will miss out on grants