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PRIVACY
Commercial Property

Big moment for £700m Paradise development as first office block topped out

PwC have agreed deal for entire One Chamberlain Square building

Topping out of One Chamberlain Square

The first office block on the £700 million Paradise development has been topped out - marking a major milestone for the project.

The eight-storey building, called One Chamberlain Square, will be home to accountancy firm PwC and is due to open in 2019.

It is two years since the demolition of the former Central Library and approaching three years since work started in earnest on the Paradise Circus site.

Designed by Eric Parry Architects, the eight-storey, 172,000 sq ft building overlooks Chamberlain Square and sits across from Birmingham Museum and Art Gallery and Town Hall.

The building has been fully let to PwC which, as well as relocating its existing 1,400-strong Birmingham team from Cornwall Court in summer 2019, has the option to accommodate a further 1,000 staff as the business grows across the West Midlands.

Council leader Ian Ward said: "Paradise is another example of Birmingham delivering on its growth, skills and jobs agenda.

"This exceptional development perfectly reflects the confidence and ambition of the city as a leading business destination with an international reputation for quality and innovation.

L-R: West Midlands Mayor Andy Street, PwC regional chair Matt Hammond and Birmingham City Council Leader Ian Ward(Image: Paradise Birmingham)

"The scheme also reflects the very best of a successful public/private partnership, bringing to life the Big City Plan and delivering growth in the Birmingham City Centre Enterprise Zone.