Railpen completes retail and leisure phase of Birmingham office redevelopment
2nd July 2025 Railpen, the manager of the UK’s railway pension scheme, has completed the first phase of the transformation of Multistory, its office-led development in Birmingham. This first phase comprises 27,000 sq ft of retail and leisure space on the ground and lower floors of the development. Two existing buildings are being combined to create Multistory, the ground floors of which have been merged to create eight retail units. These are linked by a 15,000 sq ft indoor-outdoor bar and café with a 2,000 sq ft terrace, an adjoining atrium, and a 100-seat auditorium. The units within the first phase range in size from 450 sq ft to 6,770 sq ft, and can accommodate a range of uses including a gym, restaurant, bar, café, and leisure. Railpen said it is targeting a blend of local independents and national operators to create a compelling mix that will appeal to Multistory’s community, as well as the surrounding population. CBRE and Creative Retail have been appointed as leasing agents on the retail and leisure provision. Other facilities delivered in phase one of Multistory include co-working space, meeting rooms, library, parking for 286 bikes, shower and changing facilities, and 70 car parking spaces, including ten EV charging […]
