Plans for Birmingham Digital Plaza Unveiled at MIPIM
A new office space project in Birmingham is being unveiled at the MIPIM event in Cannes this week, and it is hoped that a joint venture partner will be found to help fund the scheme.
The ┬ú35m Digital Plaza project is geared towards start-up technology firms and is set to be built at Birmingham Science Park Aston, subject to planning permission and providing a suitable investor can be found.
The plan is to introduce four new office buildings adjacent to the park’s existing Faraday Wharf centre that will provide a total of 117,000 sq ft of space for start-ups and small businesses.
According to TheBusinessDesk, leader of Birmingham City Council Cllr Mike Whitby, which owns BSPA, said:
“We will be using the conference as a platform to initiate conversations with national and international developers, contractors, investors and consultants. We then anticipate that formal proceedings to begin the selection process will commence, with a view to work potentially starting on site by late 2012 or early 2013.”
BSPA chief executive Dr David Hardman added:
“Many of our initiatives and partnerships do not rely on us developing new buildings, but we need to respond to our tenants’ needs. In order to remain competitive, we must create buildings which are specifically designed for companies in the hi-tech and digital gaming sectors and for the digitally savvy founders of these ventures.”
A presentation will be delivered at the MIPIM event in Cannes, the world’s largest property exhibition, which is expected to draw over 30,000 members of the global property community.
Along with the Digital Plaza scheme, other Midlands-based projects that will be discussed during the event include Birmingham’s Big City Plan – a master plan that incorporates a multimillion pound revamp of Birmingham’s New Street Station and extensive regeneration of the surrounding areas.
“Birmingham is delivering on its development promise,” commented Cllr Whitby, speaking earlier this week. “This year the city will be demonstrating how it is currently one of the most active regional cities in regards to development and construction, with major schemes underway such as New Street Gateway.”