Arena Central Developments Limited (ACDL) is proposing to deliver a new 240,000 sq ft building on the 9.2-acre site, featuring over 233,000 sq ft of offices and more than 3,000 sq ft of retail space spanning 13 upper floors.
Designed by architectural practice Make, the '3 Arena Central' BREEAM 'Excellent' scheme will include secure car parking and cycle store facilities over three basement levels.
ACDL is a joint venture (JV) between Miller Developments and Pro Vinci Asset Management.
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Jonathan Wallis of ACDL and Miller Developments said: "Our decision to submit these plans for 3 Arena Central demonstrates the confidence that we feel in the occupier market post-Brexit. By looking to secure planning consent now, we are minimising the lead-in time to the delivery of the building which, with the right occupier interest, could be delivered by Q1 2019.
"The property sector in the West Midlands is fast-moving, with a sustained focus on the city as a prime business destination and we want to be in a position to offer the best possible commercial opportunities to ensure that the city and wider region remains a viable and attractive proposition, contributing to a truly first-class city centre commercial development."
Arena Central is a key commercial development for Birmingham, with outline consent in place for over 1 million sq ft of commercial space, including the 135,000 sq ft 1 Arena Central and 210,000 sq ft 2 Arena Central, the building selected by HSBC for the headquarters of its new ringfenced banking division, which will reach practical completion in 2017.
(LM/CD)
