Plans have been unveiled for a new 14-storey office block in Birmingham city centre.
Sterling Property Ventures and M&G Real Estate hope to demolish The Strip, a derelict 1960s two-storey building between the West Midlands Police headquarters at Lloyd House and the Holiday Inn on Snow Hill Queensway, and replace it with 180,000 sq ft of office space.
The development, formerly Snowhill Plaza, would be known as Lumina with new public realm to complement recent development in the area like One and Two Snowhill across the road.
The plans for the building include a double-height atrium and reception on the ground floor accessed through an entrance on Snow Hill Queensway, with a new pedestrian route to Weaman Street around the building.
A typical office floorplate would be around 11,500 sq ft of column-free office space with a central core.
Planning permission is due to be submitted by the end of the year and developers said they were in a position to start infrastructure and enabling works in early 2014 with the building ready by 2015/16.
The investors have also indicated the project could proceed without a large pre-let tenant.
Lumina, designed by architectural practice Aedas, would mark another major step in the transformation of the Snow Hill area of Birmingham from a run down quarter to one of the city’s major business centres.
Sterling managing director James Howarth said: “A lot of people will ask why build a major office now, when there’s an over-supply of grade A space in Birmingham city centre.
“But the demand for that space will pick up as the recovery speeds up and that overhang space is taken away. If we’re to win more inward investment like Deutsche Bank, which came to the city and expanded rapidly, Birmingham will need that space ready at hand. So it’s about getting ahead and planning for the future.”
“We will be set fair for the recovery, and with the development of Snowhill on one side of the street, this development will really consolidate the development of Snow Hill Queensway into the city’s premier business district.”
High quality finishes and materials will be used for every element of the project, Sterling said, though exact specification is yet to be agreed with Birmingham City Council.
Lumina, which would fall into the Birmingham city centre enterprise zone, would be close to Colmore Plaza’s 178,000 sq ft office building and next to Birmingham Development Company’s redevelopment of the former Post & Mail site.
Sterling PV is also collaborating with Birmingham City Council on the Great Charles Street Square scheme.
Area: Snowhill Queensway
Developer: Sterling Property Ventures and M&G Real Estate
Agents: Colliers International and Knight Frank
Development type: Offices
Size: 180,000 sq ft
Due: September 2015/16
- This article is part of the Birmingham Skyline 2014 supplement produced by the Birmingham Post