Birmingham Smithfield is to create a new place at the heart of the city, attracting millions of visitors and over £500 million of investment that will create new jobs.
Located in the heart of the city centre Birmingham Smithfield will become a unique and vibrant place for people to meet, live and shop.
The offer will include new retail markets, leisure uses, cafes, independent shops, restaurants and hotels, space and buildings for cultural events and activities and exciting modern living.
The plans will see over 300,000 sq. metres of new floorspace created, 2,000 new homes and a series of new squares, parks and gardens.
It will be a major boost to the regional economy bringing a further £500 million of investment, 3,000 jobs, millions more visitors and £470 million in additional GVA.
On the doorstep of the prime shopping area the already 40 million existing visitors will benefit from this brand new destination.
The site’s connectivity is also unrivalled with New Street Station, used by more than 51 million people a year, close-by and the high speed 2 terminus at Curzon only a short metro journey when it opens in 2026.
At the heart of Birmingham Smithfield will be a new home for the city’s retail markets. The new home will become a destination in its own right, with a mix of activity across a multi-level building bringing life throughout the day and night.
The plans will also include space for start-ups, small businesses and entrepreneurs harnessing the city’s creative talents and driving new economic activity.
Pedestrians and cyclists will be at the centre of the developments new routes with wide pedestrian boulevards and new streets reconnecting the area to the wider city centre.
Councillor 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.”