JV contract finalised for £1.9bn Smithfield Birmingham scheme

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Lendlease and Birmingham City Council have finalised a joint venture contract for the £1.9bn Smithfield Birmingham development

The Smithfield Birmingham scheme will provide local jobs, amenities and over 3,000 much-needed new homes for the city.

The development will anchor an expanded city centre, helping to accelerate a wider transformation of Birmingham and support long-term economic and social prosperity within the region.

The vision for Smithfield Birmingham is to create a sustainable, green and inclusive place that puts people at the heart of the development.

Work on a planning application for the scheme is underway, and a full public consultation will be held to work collaboratively with the local community as more detailed plans are developed.

‘A shining example of inclusive economic growth’

Councillor Ian Ward, leader of Birmingham City Council, said: “Smithfield Birmingham is a real once in a lifetime opportunity to create a new community in the heart of our city – and we are really excited to be working with Lendlease Europe, who have an internationally proven track record for bringing forward major developments like this.

“This £1.9bn development means jobs, homes and opportunities and Smithfield Birmingham will become a shining example of inclusive economic growth and will create a real legacy in the heart of Birmingham.”

Neil Martin, Lendlease’s chief executive officer in Europe, added: “This is a real landmark moment, and it is testament to the hard work and determination of everyone involved that we are now moving onto the point where we will work with the wider community to bring this development to life.

“As well as providing some fantastic new homes and vibrant workspaces in Birmingham, we’ll be helping create thousands of new jobs for the city over the future years.”

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