Birmingham Properties Group is to create a £100m mixed use scheme on Five Ways in the Birmingham city centre.

BPG Urban, a subsidiary of Birmingham Properties Group run by John Tebbutt, has entered into a joint venture with clients of LaSalle Investment Management to create the scheme.

The jv will create a residential and mixed use development on the 1.25 acre site adjacent to Auchinleck House at Birmingham’s Five Ways. Joint-owner and managing director, John Tebbutt, said: ‘This £100m mixed use scheme will offer grade A office accommodation, a 4-star hotel, as well as a residential tower and retail accommodation.’