Eastside Locks is set to transform its site into a thriving Business and Innovation Hub.
Eastside Locks, a multi- million pound canal side regeneration project in the heart of Birmingham, will be showcased at the property sector’s leading trade event, MIPIM, in Cannes this week.
Alongside the new Birmingham City University campus, the 13-acre scheme will provide 1.25m sq ft of space for business, living and leisure, including 800,000 sq. ft. of prime grade A office accommodation and will transform a once forgotten part of the city into a vibrant Business and Innovation Hub, where the benefits of integrating business and learning can harness growth at the heart of the Curzon HS2 Masterplan.
Part of the development will see developer Goodman bring a fire damaged and locally listed former cycle factory back to life, retaining its red brick façade and heritage alongside brand new buildings.
The site, which is within the Birmingham City Centre Enterprise Zone, will enable businesses to benefit from the increasing connectivity of Birmingham, reduced business rates and access to high quality graduates.
James Raven, Development Director at Goodman, said Goodman was proud to showcase Eastside Locks alongside Greater Birmingham’s delegation of property and construction projects: “Greater Birmingham has an unrivalled confidence at MIPIM 2016. We are seeing record levels of investment, strong leadership, great universities, the LEP and the Midlands Engine for Growth work together to make it an attractive global investment destination.
“Birmingham is the ideal place for connecting university talent with both the booming start-up scene and with the larger businesses that are looking to escape the rising costs of London. Combine this with record levels of tourism and the top ranking UK regional city for quality of life, and you have a destination that people want to live, work and invest in.
“As a developer it’s a very exciting time for us as Eastside Locks takes shape. Our first phase is due to complete in May and our second phase is scheduled to begin on site later this year. Aided by the future arrival of HS2 and the work of key partners, we will unlock the potential for Eastside Locks to become a truly electrifying Business and Innovation hub.”
Alongside presenting on a panel The Midlands HS2 Growth Strategy – how to trigger growth in Curzon earlier in the week, Raven is meeting property professionals from across the globe to discuss the role that Eastside Locks is playing in Birmingham’s transformation story.