Lambert Smith Hampton has been appointed by Birmingham City Council to market one of the city centre's most high-profile development sites.
The property consultancy is searching for a development partner for a two-acre site fronting Great Charles Street, Ludgate Hill, Livery Street and Lionel Street, close to Snow Hill Station. The land was previously earmarked for the city's new coach station, the proposal for which has now been abandoned, and has been used as a surface level car park for the past 15 years.
According to Paul Marlow, director and head of development and regeneration in Lambert Smith Hampton's Birmingham office, the site is right for a high density mixed use scheme.
He said: "Interested developers will be considering a mix of offices, residential, hotel, leisure and convenience retailing, and they will also have to replace the existing car parking facility. Our clients are looking for innovative proposals which maximise the site's opportunities on what is a major gateway frontage into and out of the city.
"Any new development will form a key link between the Jewellery Quarter and the central business district."
Birmingham City Council's cabinet member for regeneration, Ken Hardeman, said: "The marketing of this major site will confirm the extent of interest so far expressed by developers. It will enable us to determine a suitable mixed use scheme that can meet the aspirations of the council."
The closing date for proposals is April 10.