Author: Tom Hudson.
Discover new developments in Birmingham to watch in 2019, as the most populous city outside of London in the UK, Birmingham is continuing to experience surging demand for housing, as young professionals flock to the city for employment while families choose the second city for its affordability.
Original Article: https://sevencapital.com/birmingham-property-news/new-developments-birmingham-2019/
Birmingham’s new development pipeline is growing, providing progressive and vibrant working, living and shopping spaces that will put the city at the forefront of everyone’s mind. One look at the skyline demonstrates just how much property development in Birmingham is evolving, whether it’s part of the large-scale regeneration across the city or a completely new build development.
Join us as we discover some of the new developments in Birmingham City Centre that stand out from the crowd in 2019.
GDV – £500million
Estimated Completion – Spring 2020
A mixed-use development spanning over 1.2 million sq ft and fronted by Centenary Square, Arena Central is comprised of desirable work, leisure and retail space in the heart of Birmingham. The £500 million scheme is part of a wider plan to regenerate Birmingham’s skyline while delivering a vibrant public realm, which is designed to echo landmark green urban spaces such as New York’s High Line.
Arena Central will meet Birmingham’s growing demand for high-quality commercial space alongside city-centre residential accommodation. With 670,000 sq ft of Grade A office accommodation, it’ll also deliver a new green space to the heart of the city all as part of the Big City Plan.
St Martin’s Place
Discover St Martin’s Place – An unrivalled destination with state of the art facilities and deposits from 10%
Estimated Completion – Q2 2021
A first for Birmingham, St Martin’s Place is a luxury residential development located in one of the city’s most sought-after postcodes, just minutes from the main business and professional district. This landmark residence offers a truly unique living experience, bringing superior hotel services to Birmingham’s executive residential sector via a resident’s app. For the busy professional living at St Martin’s Place, an unrivalled menu of services is at their fingertips.
With over 228 exquisite apartments and interiors by designer Daniel Gibbons, St Martin’s Place exudes style and sophistication.
GDV – £700million
Estimated Completion – 2026
Described as ‘one of the UK’s most important city centre developments’ and an entirely new destination for Birmingham, Paradise is a huge mixed-use development of commercial, retail, leisure and hotel space set amongst stunning historical surroundings.
Comprising 1.8 million sq ft of mixed-use development, Paradise sits over 7 hectares in the heart of the city and has £700 million investment behind it. Although it will contain Grade A commercial space, Paradise will also be home to 120,000 sq ft of retail and leisure space that makes it ideal for visitors and professionals alike.
Three new public squares will bring life to Paradise and ensure steady footfall throughout the year.
105 Broad Street
The hottest residential property in Birmingham, 105 Broad Street sits on the doorstep of Birmingham’s thriving business hub, well-connected in every direction and designed from the ground up to provide a unique lifestyle for the professional resident.
With panoramic views of the Birmingham skyline, 105 Broad Street reflects its professional surroundings – ambitious and refined living at the heart of the second city. Spread over ten floors, every apartment features modern integrated appliances, all implemented in contemporary spaces that exude style, sophistication and city luxury.
105 Broad Street represents a rare private rental scheme (PRS) opportunity in an unrivalled, premium location.
Curzon St Station / HS2
GDV – £1 billion
Estimated Completion – 2026 (Phase 1)
The most important infrastructural development in a generation, HS2 will revolutionise connectivity between Birmingham and London. With a new station in Curzon Street as part of the Eastside redevelopment, HS2 will reduce commute times between the two cities to just 49 minutes and carry an estimated 26,000 people per hour.
As the backbone of the rail network, HS2 is eventually planned to connect 8 of Britain’s largest cities and over 30 million people. It will create 30,000 jobs and deliver £40million to boost local communities, conserving, replacing and enhancing wildlife habitats along its route.
Located at the heart of Harborne, one of the most desirable suburbs in Birmingham, CopperBox is a major development for the area. Providing 63 apartments in a prime location, residents of CopperBox will have easy access to Harborne’s vibrant village feel and the high-end retailers, jewellers, independent stores and restaurants it encompasses.
With direct transport access to Birmingham city centre, CopperBox represents a unique opportunity for professional tenants and investors alike.
GDV– £500 million
Estimated Completion – 2037
A £1.5billion regeneration project twice the size of Brindleyplace, Birmingham Smithfield will transform the 42-acre area into 2,000 new homes, a public square, leisure attractions and act as a new home for the Bullring markets. With Birmingham City Council announcing in January 2019 that the developer would be Lendlease, construction work is expected to start in 2022.
Birmingham Smithfield has been described as the ‘city’s most important redevelopment opportunity’ and a major contributor to the ‘Golden Decade’ of development for Birmingham alongside the Commonwealth Games in 2022 and HS2 completing in 2026.
New Garden Square, Edgbaston
GDV – £330million
Estimated Completion – TBC: Work started 2019
An ambitious regeneration project just outside of the city centre, New Garden Square is a mixed-use development for Edgbaston, providing new offices, apartments, shops, restaurants and bars that frame a stunning green space. With easy access to the new Metro and SPRINT stops alongside parking and pedestrian routes, New Garden Square will be well-connected with the city centre and wider West Midlands.
Bordered by the Hagley Road and Beaufort Road, New Garden Square will sit on the current site of an unoccupied, outdated commercial estate. The £330 million regeneration scheme will cover 10.7 acres just 400 metres west of Five Ways, a major route into Birmingham itself. Work has already begun on clearing space for the site, with the demolition of Edgbaston House.
Snow Hill Estate
Development Cost – £500million (phased)
Estimated Completion – 2019
One of the biggest developments set to be ready for occupation this year, Snow Hill Estate is one of Birmingham’s most prominent office developments and fast emerging as the second city’s answer to Canary Wharf.
Three Snowhill is the third and final building on the estate and at 420,000 sq ft will be the largest speculative city centre scheme in the UK outside of London.