Property World Awaits MIPIM 2011
Representatives from Birmingham and Coventry will be amongst those awaiting the start of MIPIM, the worldΓÇÖs largest property exhibition, which will begin in Cannes tomorrow and is expected to attract over 30,000 members of the global property community.
Hoping to secure inward investment, the UK city delegations will take part in a series of panel debates and presentations – all aimed at attracting developers and highlighting their city as a positive place in which to invest and do business, as Mike Whitby, leader of Birmingham City Council, explained to The Insider:
ΓÇ£We have been coming to MIPIM for some years, launching development plans and initiating discussions with developers and end users, highlighting BirminghamΓÇÖs vision for future growth.ΓÇ¥
ΓÇ£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. Birmingham is delivering on its development promise.ΓÇ¥
The New Street Gateway project, which will seek to transform BirminghamΓÇÖs New Street Station into a world-class transport hub, is a key aspect of the CityΓÇÖs Big City Plan ΓÇô with the revamped station acting as a catalyst for the physical regeneration of the surrounding areas and highlighted as having the potential to generate over 10,000 new jobs across the city.
With firms such as Microsoft actively seeking office space within the city and the long-stalled Two Snowhill office development reportedly getting back on track, the ability of the MIPIM delegation to secure yet more inward investment could help to strengthen Birmingham as a vibrant and active business location as it seeks to continue its ΓÇ£Decade of DeliveryΓÇ¥ and transform the image of the UKΓÇÖs second city.