Where Birmingham does well
The massive achievements of Brindleyplace and the ICC set the standards for other cities to follow.
Innovative public-private sector partnerships brought a huge amount of investment into the city centre.
There is a vibrant housing market, with 27,000 people living in the city centre.
The concrete collar of the inner ring road has been largely removed. Huge transformational projects such as Brindleyplace, the Bullring and the Mailbox have been delivered. Work on Eastside is well under way.
Crime is lower in Birmingham than most other competitor cities.
Schools performance has increased dramatically since 1990.
Birmingham is rated as the best city out of London to do business, according to the 2006 Cushman & Wakefield UK Cities Monitor.
Where the challenges lie
Birmingham is growing more slowly than many other cities.
Newcastle, Leeds, Sheffield, Manchester, Nottingham, Edinburgh and Cardiff are outstripping Birmingham.
Income levels are decent, but in terms of high earners Birmingham is "middling". Unemployment is higher than any other major UK city.
Youth unemployment is challenging. Birmingham has the least qualified workforce. VAT registrations, signifying entrepreneurialism, are low.
Priorities for the Prospectus
1. Deliver the redevelopment of New Street and extension of the runway at Birmingham International Airport.
2. Vigorously promote the Birmingham brand.
3. Commission a study into a new creative quarter in Digbeth and redevelopment of the wholesale markets. Investigate the provision of retail and craft start-ups in the city centre, to diversify and strengthen the independent sector.
4. Promote the development of vibrant urban villages. Bring forward proposals to develop three urban centres within the city. These will include Northfield, Longbridge and a new centre for east Birmingham.
5. Develop centres of excellence in key growth sectors such as environmental and medical technologies.
6. Develop a programme of improvements to public spaces and the street scene in both the city centre and suburban centres.
7. Investigate innovative use of property assets to deliver regeneration.
8. Develop a holistic and integrated plan across all sectors of education and the workforce to ensure Birmingham capitalises on the emerging knowledge-based economy.
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