St Modwen, the UK’s leading regeneration specialists, has appointed UK construction PLC Morgan Sindall as main contractor on the two £70 million office buildings as part of the £1 billion regeneration project of Birmingham’s city centre and surrounding areas.
Morgan Sindall, who employs 7,000 full time staff and has an annual turnover of £2.2 billion, has already started work on the Grade A office buildings, Park Point and Seven House, and aim to complete the project by 2013. The two buildings will allow 37,000 sq ft of office space, adding to the already popular Longbridge Technology Park, which is more than 90 percent let.
£1 billion project
The £1 billion project is being undertaken by St Mowden, a leader in the field of regeneration with 25 years experience in regeneration projects, and will include a Sainsbury’s, a 75-bed hotel, 24 shops and restaurants, offices and car parking space, as well as a community space in Birmingham City Council’s Longbridge offices. In total over 150,000 sq ft of useable property will be created from the enterprise.
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The investment has already created 1,160 permanent jobs, and will likely create many more in the coming years as the businesses involved in the project begin to open their doors.
A new heart for Longbridge
Julian Price, area manager at Morgan Sindall said: “Longbridge is a transformational regeneration project which will deliver a new heart for the town centre.
“We’re looking forward to building on our strong relationship with St. Modwen and Birmingham City Council through our work on the new ‘myplace’ centre and this next phase in what is a very important project for the area.”