Paradise Birmingham hero



Urban Regeneration

Paradise Birmingham

Located on a 69,000m² site at the city’s heart, Paradise helps link together Birmingham’s civic, commercial and cultural quarters.

Comprising up to ten individually designed buildings across the £1.2bn development, it is one of the largest and most strategically important city centre schemes outside of London.

Paradise comprises almost 185,000m² of high-quality commercial, residential, retail, leisure and hotel space, all set in superbly crafted public realm, truly befitting its exemplary historical setting.

The first building in Phase Two, One Centenary Way, completed early in 2023, is a highly sustainable 26,010m² office building, with retail and leisure units on the ground and upper ground level. It is now home to the employee-owned built environment consultancy Arup which occupies three and a half floors for its new city centre campus; leading global financial institution Goldman Sachs, which will accommodate more than 1,000 people as part of its growth ambitions in the West Midlands, and the 150-strong Birmingham team of international property company JLL. National law firm Mills & Reeve has become the latest occupier, taking one and a half floors, and will be moving its 300-strong Birmingham office to the building later in 2024.

Brought forward by MEPC, the development arm of Federated Hermes Private Markets, the opportunity for investment is available in partnership, including co-investment/development finance to support Phases Two and Three or on a building-by-building basis.

Paradise Birmingham buildings
Paradise Birmingham buildings
Paradise Birmingham buildings

Opportunity location

Why invest in Birmingham?

Birmingham, the UK’s second city, is the urban heart of the West Midlands. It offers unparalleled connectivity, cultural diversity and economic buzz.

The Big City Plan has transformed the city centre, attracting a new mix of business services, tech, creative industries and life sciences, with a specialised focus on advanced manufacturing and green industry.

The city of a thousand trades, as Birmingham was once known, is now the city of a thousand start-ups, 8,000 acres of green space, 100 languages, 90,000 university students and leading restaurants serving 27 different national cuisines.

Birmingham’s population is also one of the youngest in Europe and is growing fast, expected to reach 1.25 million inthe next 20 years.

This is a golden decade for Birmingham, when the 2022 Commonwealth Games, urban regeneration programmes and the arrival of HS2 will transform the city, its public profile, its connectivity, and its offer to businesses and residents, placing Birmingham at the heart of the West Midlands’ economic revival.

Insight for investors

  • Type of investment sought: Development partner or funder
  • Value: £1bn GDV
  • Site size: 7 hectares
  • Jobs: Up to 12,000
  • Timescale: 2013-2028
  • Delivery timescale: 1 – 5 years
  • Planning status: Paradise masterplan for all phases includes outline planning consent
Paradise Birmingham
Primary promoter

Paradise Circus Limited Partnership