Spirits are lifting in Birmingham as the developers, together with the city council, change the 213,670 sq.m. Arena Central scheme. The new plans by Miller Developments and Bridgehouse Capital mean an increased amount of offices in the project, which was halted in 2008 when the UK economy stalled. The developers will also rephase the Section 106 payments and Section 278 highway construction to help the development of the site. Given the scope of the £17 billion plans to transform the centre of Birmingham, which includes a new library facing the offices in Arena Central, then the council could be making a crucial move. The financial hiatus has led to further consideration by the council of other schemes, such as changes to the redevelopment of New Street Railway Station which could mean dropping the two towers in favour of a massive John Lewis store. The council remains committed to the grand plan to change the UK’s second city on the 2,000 acres it controls in the centre with new space of 1,486,400 sq.metres (16 million sq.ft.), the most ambitious plan of any UK provincial city.
Welcome to the news blog of the Commercial Property Register. The Commercial Property Register website is the essential guide to business property to buy and for rent in the UK. Our website lists some 6,000 available business properties for sale and to let in the UK concentrating on the following areas - London, Scotland, Manchester & the North West, Leeds & Yorkshire, Birmingham & Midlands, Bristol & The South West, The South Coast and the South East.
Wednesday, 23 March 2011
Spirits are lifting in Birmingham as the developers, together with the city council, change the 213,670 sq.m. Arena Central scheme. The new plans by Miller Developments and Bridgehouse Capital mean an increased amount of offices in the project, which was halted in 2008 when the UK economy stalled. The developers will also rephase the Section 106 payments and Section 278 highway construction to help the development of the site. Given the scope of the £17 billion plans to transform the centre of Birmingham, which includes a new library facing the offices in Arena Central, then the council could be making a crucial move. The financial hiatus has led to further consideration by the council of other schemes, such as changes to the redevelopment of New Street Railway Station which could mean dropping the two towers in favour of a massive John Lewis store. The council remains committed to the grand plan to change the UK’s second city on the 2,000 acres it controls in the centre with new space of 1,486,400 sq.metres (16 million sq.ft.), the most ambitious plan of any UK provincial city.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment