Plans to complete next phase of £700m Paradise scheme get go-ahead
Paradise Birmingham, the £1.2bn transformation of the heart of the city, has today received its latest planning approval from Birmingham City Council.
In a unanimous decision from the planning committee, permission was granted for Three Chamberlain Square, new 10-storey, 185,000 sq ft commercial building.
It is the fourth commercial building at the estate after One Chamberlain Square, Two Chamberlain Square and One Centenary Way. The residential Octagon tower is also currently under construction on the northern part of the estate, fronting Summer Row.
The building will offer 200 bike spaces and dedicated changing facilities, all electric power and heating, and stairwell connections between floors.
Designed by architects Feilden Clegg Bradley Studios, Three Chamberlain Square is a key part of Phase Two of Paradise, which includes the almost complete One Centenary Way, plus a new 17-storey hotel on the corner of Paradise Street and Suffolk Street Queensway, and three new public spaces, Ratcliff Square, Western Terrace and Ratcliff Passage.
The new public realm, designed by Grant Associates Landscape Architects, will build on the success of the refreshed Chamberlain Square, Congreve Street and Centenary Way, which for part of Phase One of the development.
Rob Groves, regional development director at Paradise development manager MEPC, said: ”This planning approval is another huge vote of confidence in both the city and Paradise, and its ability to attract new jobs, skills and investment to Birmingham. A further commercial building will enable us to meet market demand for space in the city centre, in a highly-sustainable, people-centred building of the highest quality. In addition to office space, Three Chamberlain Square will bring further leisure and retail opportunities to the heart of the city, with the prospect of more top-quality operators of the like we’ve already attracted to Paradise.”
Chris Taylor, chairman of MEPC and CEO of Federated Hermes Real Estate, said: “This is a significant next step in the Paradise story. Our ambition for Paradise is to deliver one of the UK’s leading business destinations by creating leading sustainable buildings set within the very best public realm, with first class retail and leisure amenities for all those who work, live in or visit the city. We are committed to driving forward our investment in Paradise. Three Chamberlain Square will ensure that the momentum continues apace.”
Paradise Birmingham has already completed phase one of the development, with One Chamberlain Square wholly occupied by PwC, and Two Chamberlain Square home to a mix of professional and financial services firms, including DLA Pipier, Knights Plc, Mazars, Cazenove Capital, Atkins and Cubo.
Dishoom, Rosa’s Thai Café and Albert’s Schloss will be joined this summer by Yorks Café, along with wine bar and Mediterranean eatery Vinoteca.
At almost two million square feet, Paradise is delivering up to 10 new flagship buildings, offering offices, shops, bars, cafés, restaurants, a high-quality hotel, and Octagon, the world first 49-storey, pure octagonal residential tower, across 17 acres in the heart of the city.
Paradise is being brought forward through Paradise Circus Limited Partnership (PCLP), a private-public joint venture with Birmingham City Council. The private sector funding is being managed by Federated Hermes, which has partnered with Canada Pension Plan Investment Board (CPP Investments) on the first phase of the development and for One Centenary Way, the 280,000 sq ft first part of Phase Two. MEPC is the development manager.
