Paradise Circus
Birmingham City Council and nationally renowned developer Argent own or control a significant part of the land within Paradise Circus. They signed a two year exclusivity agreement in February 2009 to prepare the way for the potential redevelopment of Paradise Circus by working towards signing a landowning Joint Venture Agreement.
In December 2011 Birmingham City Council agreed an extension to the existing Exclusivity Agreement with Argent which has committed significant funds over the last three years to exploring the development opportunities for the eight acre site.
The site has the potential to make a major contribution to the Council’s vision for the city through the creation of the opportunity for significant employment growth and generation of additional business rates, together with significant enhancements to the setting for some of the city’s finest heritage buildings and major improvements to pedestrian routes to the West and North areas of the city.
The development team will now be working towards lodging an outline planning application in Summer 2012.
These illustrations represent some initial thoughts on what form redevelopment might take. The potential buildings are illustrative of potential scale and do not represent formal proposals.