The Trust together with the Birmingham City Council has worked in collaboration to secure outline planning consent at Icknield Port Loop, a site extending to approximately 43 acres (18 hectares), to the west of Birmingham City Centre.
The proposed scheme includes a mixed-use development including up to 1,150 new homes plus retail, employment and leisure uses, non-residential institutions, hotels and community facilities.
The City Council and the Trust have instructed real estate advisor Savills to secure a joint venture partner which will help to unlock the development potential of a major regeneration site near Edgbaston Reservoir.
Barry Allen, head of Savills Birmingham, comments: "This is a unique opportunity for a major canal-side regeneration scheme in Birmingham and we are delighted to be working with the landowners to bring it to life. The focus now is on selecting a strong private sector delivery partner to invest in the development and begin to realise its full potential."
For more information on the redevelopment visit Birmingham City Council - Icknield Port Loop
Last date edited: 16 January 2017