Birmingham City Council will seek a development partner for a residential-led regeneration at a 153-acre site at Ladywood.
The Ladywood area is located between major redevelopments on Broad Street and in Greater Icknield, in the north-west of the city centre.
The regeneration will be brought forward as two distinct areas: Ladywood Broad Street and Ladywood Central. The partners for the redevelopment will be procured separately through an OJEU process.
The partner will be required to work closely with the local community to define a new masterplan for the area that responds to the needs of residents and delivers the scale of improvements envisaged in the Big City Plan.
Initial consultation with local councillors has already taken place, and a ward forum will be held on 19 February.
Sharon Thompson, cabinet member for homes and neighbourhoods at Birmingham City Council, said: “With the city’s population set to grow by 10% over the next 15 years, there is a pressing need to deliver more affordable family housing within accessible locations.
“To this end, the regeneration proposal of Ladywood is a hugely ambitious project that will help us to transform and rejuvenate the neighbourhood.”
Waheed Nazir, corporate director for economy at the council, said: “It has always been our intention, since we launched the Big City Plan in 2010, to bring forward a housing-led regeneration initiative for the Ladywood area.
“With Birmingham now enjoying a significant renaissance, there is an opportunity to secure a partner that shares our ambition to deliver more family housing and create a high-quality sustainable place for current and future residents. We will be launching a procurement process to find a partner shortly.”
The Ladywood Estate is a predominantly 1960s residential neighbourhood located in the city centre. In 2011, it was identified in Birmingham’s Big City Plan as an area with the potential to deliver new family homes at a high density.
The estate currently comprises around 1,000 homes, two-thirds of which are in city council ownership, with no investment having been made in almost 30 years.
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