Birmingham’s £360m ‘green’ regeneration to be approved
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Plans for the world’s first mixed use net zero development will be discussed by Birmingham City Council’s planning committee next Thursday.
Plans have been recommended for approval subject to the council reaching an agreement with developers on several matters including sufficient affordable housing.
The 564 ft £360m Curzon Wharf scheme would be situated next to Dartmouth Circus Island and the A38 Aston Expressway.
The plans were first revealed by Woodbourne Group two years ago and includes 993,000 sq. ft of residential and commercial space across nice storeys, with more than 3,000 sq. ft dedicated to retail.
There are also plans for more than 15,000 sq. ft of leisure and dining out space.
Developers estimate the green scheme to boost Birmingham’s economy by at least £151 million and create over 1,000 jobs. Consultants Turley and CBRE have calculated the scheme will also add £2m a year in council tax and business rates and attract a New Homes Bonus of £4m.
Tani Dulay, chief executive of Woodbourne Group, said: “Birmingham is now at a turning point and our generation has the opportunity to transform the city into one of the most sustainable and leading cities in the world.
“The support received by Curzon Wharf is a reflection of that. It has taken us years of hard work to get here, and I hope the committee supports these unique proposals.
“This isn’t just another development, it’s a manifesto that will position Birmingham as the UK’s leading smart and sustainable city as demonstrated by the highly successful eco-friendly delivery of the Commonwealth Games, helping to pave the way for the country’s green revolution. “