Birmingham to Get a Major Regeneration Plan

Birmingham is set to make the most of the £700 million investment in Perry Barr for the 2022 Commonwealth Games, which includes a revamp of Alexander stadium, along with ambitious plans to regenerate the district.This masterplan also covers the next two decades and includes the building of 5,000 new homes, as well as enhancing the suburb’s parks and improving transport connections.The masterplan proposes a new urban centre which will make the most of open spaces, such as Perry Park and Perry Hall, and will explore the creation of a new river walk and cycle path along the Tame. Transport connections will also be strengthened with improvements in East-West connectivity of the site, as well as changes to road layouts.Brokers Hank Zarihs Associates said that Birmingham was set to thrive with the arrival of HS2 and that construction loan lenders were also keen to back the construction projects within the area.Work has begun on 1,000 new houses which were originally to be part of the athletes’ village, until arrangements were changed after the COVID-19 pandemic. More phases of the scheme have also been given outline planning permission, including 400 more houses and a new secondary school. The current regeneration of the Alexander stadium will also increase capacity from 12,700 to 18,000, is on schedule, and looks to be completed by April 2022.The masterplan is out for consultation until 8th September with the council producing a final version by October.