Goodman has got the green light for its £450m, 1.5m sq ft Eastside Locks development in Birmingham.
The partners on the 13 acre scheme – the Goodman-managed Arlington Business Parks Partnership fund, Advantage West Midlands and Birmingham City Council – won consent from the council’s planning department.
The partners submitted the plans, including 686,000 sq ft of offices in total, as well as 50,000 sq ft for small businesses, a hotel, 353,000 sq ft of residential and 105,000 sq ft of retail and leisure space, in May.
Goodman will now work with the partners to submit a detailed application for the first phase of the scheme within the next six months.
The first phase will include 150,000 sq ft of office space, almost a third of which will be designed for small and medium sized businesses. Work is scheduled to start on site by summer 2010.
Richard Cutler, Goodman’s strategy and planning director for UK business parks, said it was an important step for the scheme.
Mick Laverty, Advantage West Midlands chief executive, said: ‘This approval reinforces the Eastside vision to be a mixed-use, knowledge based, regeneration project.
AukettFitzroyRobinson was masterplanner on the scheme.