The £450 million redevelopment of Birmingham’s Paradise Circus site has been given the green light.
Developer Argent won backing from Birmingham council’s planning committee this week. It is set to submit detailed planning for the first stage at the end of 2013 or early 2014.
The scheme is set to make a major contribution to the council’s vision for the city and is key to Birmingham’s new Enterprise Zone and the delivery of the Big City Plan.
The council unanimously backed proposals to demolish the 1974 built Birmingham Central Library, remove the subterranean roundabout underneath and build new offices, shops and public squares.
The Birmingham Post reported Cllr Peter Douglas Osborn Cons, Weoley) saying he was delighted that the city was ridding itself of the ‘inverted incinerator’ - a reference to Prince Charles claim the Library resembled a place for burning books rather than reading them.
Argent’s Senior Project Director Rob Groves said: “The redevelopment of Paradise Circus has the potential to make the most significant impact on the city centre for a generation.
“The site’s combined qualities of its central location and historic landmarks creates an unrivalled opportunity to create a sustainable, first class environment that will transform this key part of Birmingham city centre.”
Birmingham City Council and developer Argent signed an exclusivity agreement in February 2009 and between them, own or lease the majority of the land within Paradise Circus.