Plans For Next Major Birmingham Regeneration Imminent

Outline plans for the latest major Birmingham city centre regeneration scheme will be published within the next few months, it is reported.

Developers Hammerson plc are expected to reveal plans to redevelop the Martineau Galleries site with a 1.3m sq ft development including 1,400 apartments, hotels, retail and leisure uses and new public space with a tower up to 50 storeys high, the Birmingham Mail reports.

The Martineau Galleries currently consists mainly of a 1960s shopping centre and office development which has become underutilised in recent decades. There have been proposals to redevelop it for several years. The latest plan would see it completely demolished and redeveloped in stages and work could start in 2021 if plans are approved.

There have been a number of major redevelopment schemes in Birmingham city centre in recent years, with more underway or due to start, and which are totally transforming the city centre from the ground up. This latest scheme is particularly interesting from a property point of view as it is close to the future HS2 high speed railway station at Curzon Street due to open in 2026. It also indicates the confidence developers seem to have at the moment in the future of regional city centres.

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Source Birmingham Mail
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