One Centenary Way reaches practical completion

One Centenary Way

Birmingham’s latest commercial building has reached its final construction milestone.

One Centenary Way has reached practical completion this week and has now been handed over by contractor Sir Robert McAlpine to developer and asset manager MEPC, ready for the occupier fit out phase.

The 280,000 sq ft building is fitted with sustainable features such as a pure electric heating and hot water supply system and SMART access to services, information and facilities throughout its 22,000 sq ft floorplates.

One Centenary Way which bookends Paradise and Centenary Square has been construction during the last three years with minimal disruption and lost time.

The new addition has also created a major new landmark for the city. Its sky lantern feature – launched just before Christmas 2022 – provides a 360-degree light display capable of changing through more than one million different colours.

The first major office letting for One Centenary Way was announced in 2021 when global employee-owned built environment consultancy Arup committed to 68,000 sq ft of space across three floors.

Arup will be relocating its Midlands office and 1,000 staff to the building later in 2023 and has begun work on its fit out.

In another significant inward investment move, international investment bank Goldman Sachs cemented its commitment to Birmingham by selecting One Centenary Way at Paradise Birmingham to be the permanent home of its new UK base last year.

Its new office will occupy 110,000 sq ft of space across the top five floors of the building, including a roof terrace overlooking Centenary Square on the 12th floor. This move signified the largest commercial real estate deal in Birmingham of 2022 and a major coup for the city.

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