Landmark Axis Square development approved as financial dispute resolved
Birmingham City Council has approved LCR’s latest application for Axis Square after an agreement was reached with the developer over planning contributions.
Axis Square was granted planning permission in 2017 for five buildings totalling 1m sq ft of Grade A office space that could be home for up to 10,000 workers.
Four Axis Square, which has today been granted detailed consent, is a 14-storey, 274,000 sq ft office block that is part of the first phase of the scheme.
Last week, planning officers recommended councillors refuse permission for Four Axis Square, saying that developer LCR had not yet agreed to make a £230,000 payment the council said was due.
When the Axis Square scheme received outline planning permission, a financial contribution of £985,000 was agreed to fund public realm works and a pro-rata calculation decided £232,460 was payable.
Ray Willis, regional director at LCR, said: “Securing this latest consent is another positive step forward as we progress with our Axis Square plans.
“The redevelopment and regeneration of the site can provide a range of benefits for the city, vastly improve connectivity with nearby locations and create a vibrant place to work, eat and shop in the heart of the city.”