Strong backing for £500m Birmingham Smithfield masterplan

BUSINESS leaders and councillors have welcomed proposals for Birmingham’s new £500m Smithfield masterplan.

The plan, unveiled at the MIPIM property exhibition in Cannes,  includes new retail markets, leisure facilities, cafes, independent shops, restaurants and hotels, public space and buildings for cultural events and activities, together with residential opportunities.

Totalling 14 ha, the site will be one of the largest city centre development opportunities in the country.

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Cllr John Clancy, leader of Birmingham City Council, said: “Birmingham is experiencing an unprecedented period of change as billions of pounds of investment transform the city’s economy. And, with 3,000 new jobs and 2,000 new homes, Birmingham Smithfield puts people right at the heart of an exciting project that will in turn transform lives.

“Over the next decade this will continue at a dramatic pace as new jobs, transport facilities and residential communities are delivered and I’m confident our plans for Birmingham Smithfield will create a place for people that stands the test of time and sets the standard for sustainable development.”

Andy Street, chair of the Greater Birmingham & Solihull LEP, commented: “Birmingham Smithfield is the next fantastic opportunity to secure investment for the city’s exciting growth agenda.

“It will create new jobs, homes and infrastructure. The site’s status as part of the City Centre Enterprise Zone will bring added impetus and over £40m of funding has already been committed to supporting the delivery of these plans.  The LEP is absolutely behind realising huge opportunities such as Birmingham Smithfield that will drive long-term economic growth and prosperity.”

Mark Rogers, chief executive at Birmingham City Council, added: “The opportunity to create a brand new place at the heart of the city is unique. Birmingham Smithfield will have a transformational impact that capitalises on the area’s unique heritage and focus for markets. It will radically enhance the city’s retail, visitor and residential offer, as well as unlocking the growth potential of a much wider area. By showcasing the scheme at MIPIM, we are directly targeting potential investors and developers to secure international interest.”
 
An eight week consultation into the scheme will be launched on March 21.

In support of it, Birmingham City Council will be holding a series of exhibitions and events for people to contribute their ideas.
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