Regal Tower on Broad Street to kick-start BirminghamΓÇÖs regeneration?
Regal Tower, a 56-storey building on Birmingham’s Broad Street has been billed as the beginning of the city’s regeneration project. The 200m tower has recently achieved planning permission and work is due to start in the coming year.
Plans for the property mean that the new structure could be the tallest building in the UK outside of London.
The ┬ú125m mixed-use development will include a luxury hotel, 256 serviced apartments, three floors of penthouses set within the ‘crown’ at the top of the building, and boutique shops on the ground floor with basement parking.
The tower will also provide space for business use, including conference and meeting rooms.
Other key elements include a triple-height foyer with a premium bar and restaurant, a 500-person banqueting suite, spa, fitness suite and a double height sky bar on the 30th floor.
Many projects were put on hold during the recession, but if this new development goes ahead, the tower – designed by Aedas Architects – could be a major contributing factor towards restarting Birmingham’s city centre regeneration.
Mark Holbeche of Regal Property Group, the company behind the development, said:
“The news of the granted planning permission is testament to the significance and importance of this prime gateway site which, with the quality design of the mixed use development, is set to become a focal point for the area. Providing much needed state of the art facilities in this area of the city upon completion, Regal Tower will also generate a high level of employment for local people.”
Holbeche added: “The Big City Plan sets out a need for more tall buildings and we are proud to have responded to this with the Regal Tower plans. We are delighted with the result.”
The building is expected to take 5 years to reach completion, and is expected to create up to 400 jobs when built, as well as 300 construction jobs during the development.