Market Leads & Opportunities

BAM wins a slice of Paradise

Source: http://www.theconstructionindex.co.uk

BAM has been chosen to build Two Chamberlain Square, the second building in the first phase of Birmingham’s Paradise development.The 183,000 sq ft speculative building is due for completion in 2019, shortly after One Chamberlain Square, which Carillion is building.Enabling and infrastructure works for both buildings are already underway, with piling for the foundations for Two Chamberlain Square currently being drilled up to 20 metres into the ground. BAM will begin construction of the building itself in September 2017 following completion of two levels of basement.The £500m Paradise redevelopment is being brought forward through Paradise Circus Limited Partnership (PCLP), a private-public joint venture between Hermes Investment Management, Canada Pension Plan Investment Board (CPPIB) and Birmingham City Council. Argent is the development manager.They have planning permission for 10 buildings across 17 acres of land in the city centre between Centenary Square and Chamberlain Square.