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This publication is available at https://www.gov.uk/government/publications/regeneration-project-birmingham-smithfield/regeneration-project-birmingham-smithfield
1. Quick facts
|Project promoter:||Birmingham City Council|
|Scale:||£500 million +|
|Project type:||Mixed use|
|Location:||Birmingham City Centre|
|Investment type:||Development partner or funder|
|Programme:||2017, phased into 2020|
|Planning status:||The Birmingham Smithfield Masterplan is in place to provide support for the growth of the area|
Birmingham Smithfield is one of the largest, most attractive city centre development sites in the UK. As Birmingham is transformed into a leading international player by billions of pounds of investment, the plan to reimagine the 14 hectare Smithfield area in the heart of the city centre is a vital ingredient.
The site will capitalise on the area’s rich history, proximity to major retail offerings, creative quarter and knowledge hub, and the future terminus for HS2. The vision includes vibrant new retail markets, family leisure facilities, cultural buildings, a residential neighbourhood, public squares and transport facilities. The ambitious project aims to deliver 300,000 square metres of new floorspace and 2,000 new homes with an investment value of over £500 million.
The major landowner, the City Council, has prepared a detailed masterplan to create an unprecedented legacy for the people of the city that stands the test of time as an international exemplar of sustainable development.
Smithfield is within the Enterprise Zone and some funding is already secured with re-location of wholesale markets to new facilities within the city due to begin in 2017.
3. Opportunity for investors
Development partnership or funding opportunities are available and include:
- leisure opportunities
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