Development Securities and Grainger have won outline planning consent for a large mixed-use development in Birmingham.
Through their joint venture Curzon Park, the partners’ plans for a 1.4m sq ft office, residential, hotel and leisure development in the city’s eastside area, have been given the Green light by Birmingham City Council.
The scheme will be developed on a 10.5 acre site and work will start towards the end of this year.
The first phase will comprise 120,000 sq ft of speculative office space, a 200-bedroom hotel and some retail and leisure space.
The total investment into the scheme is approximately £400m.