Procurement process for major regeneration scheme to be launched

A procurement process to find investors and developers for a 153-acre regeneration site in Birmingham is set to be launched.Birmingham City Council will begin the formal process on 26 March for the adywood scheme and will successful bidders to participate in talks by 21 June.The authority has said it will look to select a development partner that can demonstrate a successful track record of delivering housing regeneration initiatives to lead the work on Ladywood.The area, located in the city centre, has long been identified as a location that could deliver family housing alongside enhanced public spaces, pedestrian routes and community facilities.The partner will be required to work closely with the local community to define a new masterplan for the area that responds to the needs of residents and delivers the scale of improvements envisaged through the Big City Plan.