Birmingham City Council has announced plans to create a £40-million business village in the heart of the city.
The new information and communication technologies (ICT) hub, comprising four new buildings and occupying 10,000 square metres, will be constructed at Birmingham Science Park Aston.
The council used the MIPIM property conference in Cannes to make the announcement and said a 4280-square metre ‘iCentrum’ will be the centre piece of the project.. Early plans of the site show the buildings linked together by an “impressive colonnade walkway”.
The site, on land which meets Holt Lane, is expected to be the future home of leading “knowledge-based small and medium-sized businesses” and is being labelled as evidence of the city’s desire to compete globally.
Birmingham City Council is using the MIPIM event to court potential investors for the project.
Dr David Hardman, managing director of Birmingham Science Park Aston, said: “We are developing a flexible, highly connected and collaborative culture; an environment where people with ideas meet people with experience and people with investment funds.
“The development of our new Innovation Village will be the cornerstone of our plans to build Birmingham Science Park Aston’s global reputation through the next decade,” he said
The Innovation Village is a part of Birmingham’s “Big City Plan” which aims to regenerate several parts of the city.