The £140 million investment by Birmingham City University to create a new campus in Eastside has been hailed as an example of the major opportunities on offer to the region's property and construction sector.
University Pro Vice Chancellor Mary Martin yesterday fleshed out plans announced some months ago to move large numbers of the university's students to the Learning and Leisure Quarter near Millennium Point.
Speaking to more than 140 construction and development leaders from across the Midlands at the autumn reception of management and construction specialists Mace in Hotel du Vin, Ms Martin was joined by Advantage West Midlands (AWM) chief executive John Edwards in showing off some of the major schemes taking place in the region.
The new learning technology and heritage quarter in Eastside is the largest regeneration project currently under way in the city, covering 170 hectares and representing investment worth £6 billion.
The Eastside area is divided into several parts, with Mace working with AWM and Birmingham City Council on the £500 million Ventureast and Learning and Leisure Quarter elements.
It is already home to more than 20,000 students and Ms Martin said the number would rocket as further development by Birmingham City University, Aston University and Matthew Boulton College come on-stream.
Employing more than 2,600 staff globally, Mace claims to be the UK's largest project and construction company.
In addition to Eastside, the Birmingham office of Mace, based in Edmund Street, is also responsible for the project management of high-profile developments at Ansty in Coventry and the revamp of the iconic Royal Shakespeare Theatre in Stratford-upon-Avon.
Other schemes include the refurbishment of Baskerville House, development of the NEC Arena and the proposed new International Pier at Birmingham International Airport.
Simon Dale, regional director at Mace, said: "In Birmingham alone, there are construction projects worth around £15 billion either under way or in the pipeline and this buoyancy is evident elsewhere in the Midlands.
"We are proud to have a vital role in the management of some of the biggest projects in the West Midlands and are delighted to have such excellent relationships with companies in both the public and private sectors.
"Project managing a major site such as Ansty on behalf of Advantage West Midlands is a very different challenge to an urban regeneration scheme such as Ventureast - each individual project requires a unique approach.
"The success of Birmingham as a city - through schemes like the new Birmingham City University campus - is something everybody who is part of the West Midlands construction and management industry can take great pride in." n Ashford Construction has won work from regeneration specialist MCD Developments.
The £5 million scheme involves the construction of 64 new apartments - part of a five-storey building to be known as Water Street Court.
The development forms a part of MCD's Brindley House regeneration scheme which
incorporates the conversion of the former telephone exchange in Newhall Street to provide a further 182 up-market flats.
The scheme will provide a stunning new gateway into the Jewellery Quarter and help bring the adjacent Birmingham and Fazeley Canal back to life within the city centre.
Other projects MCD is working on in the Midlands are the redevelopment of the Der-went Foundry in Mary Ann Street in Birmingham and The Butts, a major mixed use proposal in Coventry.
Ashford Construction recently delivered two other residential developments within the city centre.
The first, which involved the construction of 126 one- and two-bedroom apartments in Granville Street, was completed under an £11 million contract in the summer on behalf of Chase Homes.
The second project has involved redeveloping the Arcadian Centre, a retail and leisure facility in the city's Chinese Quarter, under-taken on behalf of Gallan Properties. The £9 million development has involved converting the former cinema and constructing 80 apartments.