The city developer behind the Brindley House scheme in Newhall Street is set to go into liquidation.
MCD Developments and subsidiaries including MCD (Brindley House) are set to appoint Chantrey Vellacott as liquidator on Thursday.
The wider company, based on Frederick Street, was also behind major plans near Edgbaston cricket stadium and has delivered more than £600 million worth of schemes comprising 1,880 residential units, 1.6 million sq ft of offices and 277,000 sq ft of retail.
It is also the developer for the Derwent Foundry off St Paul's Square and Earlsdon Park in Coventry - the latter of which is also set to be liquidated.
A spokesperson for Chantrey Vellacott confirmed a creditors' meeting was due to take place on Thursday but declined to comment further.
In a statement, chairman Steve Byrne said: "Resolutions to be taken at the meetings may include a resolution specifying the terms on which the joint liquidators are to be remunerated and the meetings may receive information about, or be called upon to approve, the costs of preparing the statement of affairs and convening the meetings."
BNP Paribas Real Estate senior director Ben Moon, has been appointed as a joint receiver at Earlsdon Park in Coventry.
He said: "We are currently working with the directors of the company on a smooth handover of the day-to-day management of the property to ensure continuity of essential services.
"The receivers are in the process of identifying all of the stakeholders to ensure their co-operation moving forward."
The companies set to appoint liquidators are MCD (Brindley House), MCD (Brindley House 2), Bristol Management Company, MCD (Bristol), Earlsdon Park Management Company, MCD (Coventry) MCD (North of the Border), St Martin's Gate Management Company, MCD Developments and MCD Regeneration.