MIPIM latest: 3 Arena Central gets the green light

Arena Central 3

Plans for the third commercial building at Birmingham’s Arena Central development have been unveiled at the MIPIM international property event in Cannes.

Designed by Make Architects, 3 Arena Central (pictured centre and set back) will offer 182,181 sq ft, including 165,174 sq ft of Grade A office sapce.

Work is already underway on the delivery of the 210,000 sq ft 2 Arena Central - also designed by Make - which HSBC acquired in 2015 for the head office of its UK ring-fenced bank serving personal and business customers. The building is due for practical completion in 2017, with HSBC to take occupancy in 2018.

Arena Central is being delivered by ACDL, a joint venture between Miller Developments and Pro Vinci Asset Management.

Jonathan Wallis, Arena Central Developments Ltd, said: “Funding is currently being sought to develop 3 Arena Central on a speculative basis and we will be submitting a detailed planning application for the development shortly.”

Situated in the heart of Birmingham city centre’s Enterprise Zone the 9.2 acre Arena Central site is set to deliver over 1 million sq ft of office-led, mixed use development.