Stoford Developments is to deliver a £200m overhaul of the former Typhoo factory in Birmimgham city centre.
The developer was apppointed by The Gooch Estate to redevelop the 4 ha Typhoo Wharf in Digbeth, part of regeneration around the forthcoming High Speed 2 station at Curzon Street.
The 1m sq ft mixed-use development will include offices, space for start-up businesses, bars and restaurants as well as artists’ studios and homes.
A planning application will be prepared in the summer, with work anticipated to start on site in mid-2018.
Stoford director Jon Andrews said: “This strategic development opportunity is within short walking distance of Birmingham’s proposed Curzon Street HS2 station and adjacent to the Metro tram line extension to High Street, Deritend, which is due to open in 2023.
“This transformational infrastructure places the Gooch Estate portfolio at the heart of a programme of commercial and cultural development that will be of national and international significance.”
Meanwhile, Birmingham City Council outlined plans for a major new industrial park in the Peddimore region of the city.
The council told delegates at the Mipim property event in Cannes that the 265,000 sq m industrial park would create space for up to 10,000 jobs and contribute £350m to the local economy.
The city council has launched a vision document for the new park, which aims to attract investors.
Leader of Birmingham City Council leader John Clancy said: “Peddimore shows our ambition to deliver an exemplary industrial scheme that will become a catalyst for major growth and investment.
“This is a fantastic opportunity to bring thousands of skilled jobs to the area on the edge of our great city with enviable transport lin