UK-based property developer Hammerson has unveiled plan to redevelop Martineau Galleries in Birmingham City Centre into a city centre neighbourhood.
The company, which owns and manages the Bullring & Grand Central, intends to demolish existing buildings to build 1,300 homes.
This plan includes one building of 35 storeys, and 1.4m ft2 of commercial space on the 7.5 acre site.
The City Quarter scheme will provide opportunities for a range of businesses, as well as a new city centre hotel, restaurants and cafes.
It will also offer a signature gateway to Birmingham from the proposed Curzon Street terminal, which is part of the proposed HS2, and public space including a new public square and boulevard.
The scheme forms a part of Birmingham city centre, with strategic links to the wider area, including the High Street that connects Martineau Galleries to the Bullring Estate.
The project will offer a new neighbourhood that extends the High Street, and “embraces key future connections”, including train, tram and bus networks and the proposed Curzon Street station and metro extension.
This location currently features The Square Shopping Centre, King’s Parade and Dale End (High Street) car park.
Around 350 full-time construction jobs will be created annually over the life of the demolition and construction phases of the project.
Hammerson development director Robin Dobson said: “We are pleased to share the plans for our first major City Quarters scheme for this strategically important site in the heart of the city. Martineau Galleries will be a new, vibrant neighbourhood in the centre of Birmingham, where we are already a long term investor, with the Bullring Estate remaining one of the UK’s most successful destinations for both brands and consumers.
“Hammerson has a strong track record of creating great destinations, not just in Birmingham but across Europe, and we look forward to finalising our masterplan, ahead of submission later this year.”
Following the completion of the project, the development will offer around 8,000 new full-time jobs on site, across the office-space, restaurants, and cafes.
After the public consultation, Hammerson plans to to submit an outline planning application to Birmingham City Council later this year.
It intends to start works in 2022.