business

Carillion wins brief for first Paradise building

The company which led development of the Library of Birmingham will construct One Chamberlain Square which will provide a new headquarters for PwC in the city

CGI of One Chamberlain Square which will be built by Carillion

The construction giant which led the development of the Library of Birmingham will build the first office block at the £500 million city centre Paradise project.

Wolverhampton-based Carillion has won the brief to construct One Chamberlain Square on the site of Central Library which will be the new headquarters of financial services firm PwC.

The final stages of demolition are now taking place to remove the much-maligned former library, which closed in 2013, and replace it with new office blocks aimed squarely at the city's growing corporate market.

One Chamberlain Square is due for completion in autumn 2018 ready for 1,400 PwC staff to occupy four and half floors of the seven-storey building from early 2019.

The wider Paradise project will eventually comprise eight new office buildings, a hotel and public realm.

Watch: Demoliton of Central Library as seen from a drone

Chris Taylor, head of private markets at Hermes which is managing the funding of the scheme, said: "As part of the UK's biggest enterprise zone, Paradise is delivering the next generation of office space for Birmingham as well as protecting and enhancing the cultural heart of the city.

"The significant investment being made in Paradise is a testament to the region's increasing competitive profile in the international marketplace and the growing demand of businesses looking to relocate to the region.

"We are confident Carillion will be able to deliver as they have prior knowledge of the complexities of the development, having been working on site since January 2015."

Carillion's operations director Simon Dingle added: "Paradise is a crucial project for the city and Carillion is very proud to be playing such a major role in its development.

"We are looking forward to completing the enabling works on the site and being able to bring our considerable experience to construct One Chamberlain Square."

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