Estimated to cost around £450 million ($456.61 million), the transformation project will develop around 17 acres of land between Centenary Square and Chamberlain Square. The development will include new offices, shops, leisure and cultural facilities together with civic amenities and a new four star hotel, which will replace the existing Copthorne Hotel.
Comprising a gross internal area of some 1.8 million square feet in 10 new buildings in total, the development will make it one of the UK’s largest city centre.
Forming an important and integral part of Birmingham’s Big City Plan, the development of the Paradise Circus will contribute to the ongoing renaissance of Birmingham.