Birmingham City Council unveils £500m regeneration scheme

Birmingham City Council has unveiled proposals for the £500m development of
the Smithfield markets area, including a new retail centre, offices and homes.

The ten-year plan will see the regeneration of 34 acres and will create a family and leisure hub on the site of Wholesale Markets. The area will be rebanded as Birmingham Smithfield.

The proposals would see museums, cinemas, art galleries and music venues created on the run-down area bordering the Bullring.

More than one million sq ft of floorspace, 1,000 new homes and 3,000 new jobs would be created in Birmingham Smithfield.

The Council hopes the initiative will add £470m a year to the local economy and attract millions more visitors to the region.

A planned Midland Metro tram line, to serve the new HS2 rail terminus and the east of the city, will run along the edge of Birmingham Smithfield development.