Market Leads & Opportunities
Lendlease signs off £1.9bn Birmingham scheme
Birmingham City Council has finally signed off a joint venture contract with Lendlease to deliver the £1.9bn redevelopment of Birmingham Smithfield into a new urban quarter.The 17 ha new urban quarter at Smithfield will include a new home for Birmingham’s historic Bull Ring Markets, leisure and cultural facilities and more than 2,000 homes around a new public square.The redevelopment of the area, which is twice the size of Brindleyplace, is expected to take 15 years to complete.Work on a planning application for the scheme is underway, and a full public consultation will be held to work collaboratively with the local community as more detailed plans are developed.In January 2019, Birmingham City Council announced Lendlease as its preferred development partner for Smithfield Birmingham.Lendlease is now converting and delivering a £24.1bn pipeline of work in the UK.
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