The future for Three Snowhill can be revealed with a set of artists' impressions showing proposals for a landmark city building.
The scheme will offer 360,000 sq ft of grade A offices over 16 storeys, along with 40,000 sq ft of leisure and retail space and parking spaces.
New computer-generated images above show plans are for a bright glazed tower which steps up from Two Snowhill next door.
The Post understands several global firms have already expressed early interest in taking space on the scheme, ahead of proposals being unveiled at the MIPIM property conference in Cannes last week.
Three Snowhill had been dogged by the recession. Permission was granted for a 43-storey residential tower and 23-storey hotel on the site in July 2007 but construction of this development was suspended in 2010.
Its return marks a major milestone for the central business district and comes after initial plans went in in 2013.
Covering the Snow Hill and Colmore areas of the city, it provides a framework to create 10,000 new jobs, generate more than two million square feet of new office space, and boost the local economy by over £600 million each year.
Ballymore project director Richard Probert said: "We were encouraged to push ahead with the scheme after securing the letting of the last available space in Two Snowhill to HS2, and seeing the launch of the Snow Hill Masterplan – which demonstrates the ambition and strategic vision needed to enhance and grow Birmingham city centre’s valuable business district."