Developer Argent has submitted a planning application to Birmingham City Council in the UK for a £450m redevelopment of Paradise Circus.
The planning application involves the development of 17 acres of land in and around Paradise Circus in Birmingham to create a mixed use scheme that will feature offices, shops, leisure, cultural and civic amenities, along with a hotel replacing the existing Copthorne Hotel.
Argent’s plan will see demolition of the old Central Library and construction of ten new buildings around a series of new squares and streets.
Argent senior project director Rob Groves said that the proposals incorporate up to 1.4 million ft² of office space in up to ten new buildings, which could accommodate up to 12,000 people.
"The creation of a pipeline of new business space in the medium term is vital to the economic well-being of the City, its ability to attract new businesses to the region and to allow indigenous businesses to expand and grow," Groves said.
The redevelopment plan is based on the relocation of Birmingham Conservatoire to Louisa Ryland House on Edmund Street, with a new 450 seat concert hall to replace Adrian Boult Hall.
Greater Birmingham & Solihull Local Enterprise Partnership approved an investment plan worth over £125m to start the Birmingham city centre enterprise zone.
The first phase includes an investment of £60m into infrastructure in the Westside part of the city around Paradise Circus.
A further £25m will be used for the extension of the Metro from New Street to Centenary Square and £40m will be invested to support site development and business growth.
A detailed planning application for the first phase of development is expected to be submitted in late 2013/early 2014 following planning consent.
Under the plans, a series of linked pedestrian streets and squares will be created, providing a traffic free setting for the Town Hall.
"Our plans are to create a high-quality, mixed-use development with great public space that will invite visitors and open up routes to other parts of the city whilst returning the world class historic buildings to a more suitable setting at the heart of Birmingham," Groves said.
UK-based Glenn Howells Architects is the master planner and architect for the project.
Upon completion, the development will improve connections to other parts of the city, including the Jewellery Quarter, Summer Row, Brindleyplace and Colmore Business District.
Image: The planning application will see the demolition of the old Central Library and the creation of 10 new buildings. Photo: Paradise Circus.