Secret Talks Due As £1.5B Lendlease Birmingham Smithfield Deal Approaches

smithfield wholesale markets site birmingham digbeth january 2019
Courtesy of Lendlease
The Smithfield Site In The Birmingham Urban Context

Officially, the procurement process for the £1.5B Smithfield redevelopment in central Birmingham is still ongoing.

However, a newly published cabinet document shows the procurement process is racing to a conclusion. The city's ruling cabinet is preparing for secret discussions on the award of a development contract at Smithfield and an associated compulsory purchase order.

An official notice has been filed indicating that confidential discussions will take place on both issues at the cabinet meeting on 23 June.

Birmingham City Council has remained tight-lipped since Lendlease was selected.

“Lendlease was announced as the council’s preferred developer in January 2019, however the procurement process is still ongoing and we anticipate being able to award the developer’s contract later this year," the city council told Bisnow in a statement.

Lendlease’s plans for the 41-acre site include 2,000 new homes around a rethought market district.

Bisnow revealed in May 2020 that the June cabinet meeting will agree what council documents called a “compulsory purchase order to be for the acquisition of land, property and other interests at the Birmingham Smithfield site for the purpose of securing vacant possession of the site to facilitate a major city centre regeneration project in accordance with the Smithfield Masterplan."

The same documents revealed that Lendlease will form a contractual joint venture with the city council and lead the creation of an urban quarter that includes a new home for the city’s historic Bull Ring retail markets, a family destination including a leisure and cultural offer, a new public square, integrated public transport, a public park and community facilities.

The development will be a short walk from the new HS2 city-centre terminus at Curzon Street, which is set to open in 2026.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Birmingham Newsletters
Related Stories

McKinney Approves $21M In Funding For Cannon Beach Surf Resort

1375 Peachtree: A Bespoke Design Redefining The Midtown Atlanta Workspace

Battersea Power Station Reveals Plans To Double Development Again

Crystal Residences Offers A Model For Delivering New Housing And Lasting Community Benefits In Coral Gables

Design Plans Revealed For RFK Stadium Parking Garages, Headed To Review

Apartments Kick Off New Era Of Mixed-Use Activity In Philly Navy Yard

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus

Dallas Mavericks Launch Plans For New Arena-Anchored Entertainment District

EXCLUSIVE: Georgia-Pacific Scraps Conversion Plans For Its Atlanta HQ

Atlanta Developer Plans $343M Mixed-Use Project In Downtown Durham

Glendale Approves Rezoning For Sports And Events Complex Near Cardinals' Stadium

Brooklyn's The Hall Complex To Get Hundreds Of Units, Synagogue And Office In New Plans