Leader of Birmingham City Council, Cllr Ian Ward, said: “Paradise Birmingham is central to our wider regeneration vision for the city. It is vital to the local economy, so to get a new main contractor on board in the shape of BAM to complete One Chamberlain Square is an important next step. This move not only supports existing jobs in the supply chain but also helps to secure local construction skills. Completing the first new buildings at Paradise next year will transform the historic civic space in the heart of the city and help us fulfil the potential of this vitally important development.”
At 1.8 million square feet, Paradise Birmingham will deliver up to ten new flagship buildings, offering offices, shops, bars, cafés, restaurants and a four star hotel across 17 acres. The Paradise Birmingham redevelopment is being brought forward through Paradise Circus Limited Partnership (PCLP), a private-public joint venture with Birmingham City Council. The private sector funding for Phase One and Two is being managed by Hermes Investment Management which has partnered with Canada Pension Plan Investment Board (CPPIB) on the first phase of the development. Argent is the development manager.
Paradise Birmingham sits within the country’s largest city centre Enterprise Zone and has already benefited from investment by the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) in enabling and infrastructure works.
A website showcasing the vision for Paradise Birmingham, in addition to a live time-lapse camera, can be viewed here