Search for developer to transform Birmingham Smithfield begins

The search for a development partner to lead one of the largest city centre regeneration opportunities in Europe has formally commenced (August 3rd).Birmingham City Council, together with property consultants Cushman & Wakefield, have launched the search for a developer to transform Birmingham Smithfield, the site of the city’s former wholesale markets.The selected developer will work with the city council is realising the vision for the 17 hectare (42 acre) site set out in the Smithfield masterplan for a landmark, sustainable, mixed-use development including a family and leisure hub, supported by retailers, restaurants, hotels and a public square as well as a residential neighbourhood and integrated transport facilities.Located in the heart of Birmingham city centre, adjoining the Bullring shopping centre, New Street station and the new HS2 rail terminus, the development of the site is expected to deliver over 300,000 sq metres of new floor space, 2,000 new homes and 3,000 new jobs and an investment value of over £1 billion.