Lendlease v. Delancey As Wholesale Markets Showdown Gets Closer
Delancey and their partners Oxford Properties, Qatari Diar and APG are going head-to-head with Lendlease to claim preferred developer status for Birmingham's 42-acre wholesale markets site.
As Bisnow reported last week, a decision is expected in September which will prepare the path for the £1B scheme delivering more than 3M SF of mainly office development along with 3,000 new homes on a site well-located for the new Curzon Street HS2 station.
Delancey Oxford Residential and Lendlease were reported as the two shortlisted finalists by CoStar. Cushman & Wakefield are advising on the selection.
The location close to the Digbeth media cluster could also appeal to Channel 4, who have placed Birmingham on the shortlist for a 35K SF national headquarters.
The £50M replacement wholesale market opened for the first time in May.