MIPIM 2016: Plans for a third office building at Birmingham’s £400m Arena Central development have been unveiled.
The Make Architects designed 3 Arena Central will offer 182,000 sq ft of space over ground and nine upper floors, including 165,174 sq ft of grade A offices on 18,000 sq ft floorplates.
Opening onto Bank Court, the centrepiece of the development’s new landscaped public realm, 3 Arena Central’s ground floor will feature a reception and around 7,500 sq ft of retail or restaurants. There will also be 66 basement parking spaces.
Arena Central is being developed by Arena Central Developments LLP, a joint venture between Miller Developments and Pro Vinci Asset Management.
Jonathan Wallis, director at ACDL, said: “Funding is being sought to develop 3 Arena Central on a speculative basis and we will be submitting a detailed planning application shortly.”
The scheme sits within the city centre’s enterprise zone and adjacent to Centenary Square and the Library of Birmingham. The 9.2 acre Arena Central site has been masterplanned for more than 1m sq ft of office-led, mixed-use development.
Work is already under way on the 210,000 sq ft 2 Arena Central, which was forward purchased by HSBC in 2015 for the head office of its UK ring-fenced bank. The building is due for practical completion in 2017, with HSBC to take occupancy in 2018.
Reserved matters planning consent has also been granted for the 135,000 sq ft 1 Arena Central.
As part of the wider development, ACDL has made significant revisions to the scheme’s masterplan, increasing the public space at Bank Square and changing the use of two proposed buildings from residential to commercial.
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