MIPIM latest: 3 Arena Central gets the green light
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.