{"id":95987,"date":"2021-07-08T14:29:25","date_gmt":"2021-07-08T13:29:25","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=95987"},"modified":"2021-07-08T14:29:25","modified_gmt":"2021-07-08T13:29:25","slug":"argents-paradise-birmingham","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/","title":{"rendered":"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme"},"content":{"rendered":"<h2><a href=\"https:\/\/www.argentllp.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Argent<\/a>\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the <a href=\"https:\/\/www.mepc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">MEPC<\/a>, the asset management subsidiary of <a href=\"https:\/\/www.federatedhermes.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Federated Hermes<\/a><\/h2>\n<p>The team will continue to be led by Rob Groves based in Birmingham and work closely with <a href=\"https:\/\/www.birmingham.gov.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Birmingham City Council<\/a>, which is a joint venture partner with BTPS and CPPIB, on the project.<\/p>\n<p>They officially joined MEPC on 1 July 2021 and the operations will remain the same \u2013 to continue to focus on delivering the second and third phases of the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/paradise-development-runs-out-of-money\/49359\/\" target=\"_blank\" rel=\"noopener noreferrer\">regeneration of Paradise, Birmingham<\/a>.<\/p>\n<p>The new structure combines the investment, development and asset management expertise into one business to build on the relationships, experience and skills of the Birmingham team.<\/p>\n<p>The transition to MEPC comes at the appropriate time for the project following the successful completion of phase one by the development manager, Argent which delivered <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/new-office-development-arrive-paradise-birmingham\/39030\/\" target=\"_blank\" rel=\"noopener noreferrer\">One and Two Chamberlain Square<\/a> with major occupiers including Price Waterhouse Cooper and new retailers and dining to Birmingham such as Dishoom, Rosa\u2019s and Vinoteca, as well as a new public square for the city.<\/p>\n<p>At almost 2 million sq ft, Paradise will deliver up to ten new buildings, offering offices, shops, bars, caf\u00e9s, restaurants, a high-quality hotel and a 49-storey residential tower across 17 acres in the heart of the city.<\/p>\n<p>The <a href=\"https:\/\/www.paradisebirmingham.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Paradise redevelopment<\/a> is being brought forward through Paradise Circus Limited Partnership (PCLP), a private-public joint venture with Birmingham City Council.<\/p>\n<h3>Developing regeneration projects<\/h3>\n<p>Chris Taylor, chairman of MEPC and CEO of real estate at the international business of Federated Hermes, said:\u00a0\u201cFor the citizens of Birmingham, Paradise is one of the most important developments in a generation and Federated Hermes\u2019 is committed to its full delivery for all stakeholders, including shareholders and joint venture partners.<\/p>\n<p>\u201cRob and his team bring a raft of experience to MEPC and Federated Hermes, as we look to further develop our regional regeneration projects across the UK. We look forward to welcoming them to the team and continue their excellent work on Paradise Birmingham.<\/p>\n<p>\u201cWe would like to thank Argent for its outstanding expertise and guidance on the first phase of this flagship project.\u201d<\/p>\n<p>Robert Evans, joint managing partner of Argent, added: \u201cWe are very proud of what the Argent team have achieved in leading this transformational project for Birmingham.<\/p>\n<p>\u201cArgent and Federated Hermes have worked successfully together for more than two decades and we have a long history of delivering great projects in Birmingham.<\/p>\n<p>\u201cWe know that the team will continue to flourish and wish them every success as part of MEPC. This transition follows the completion of phase one of the Paradise development and is also timed with our business strategy to focus on King\u2019s Cross, Brent Cross and Tottenham Hale and projects where Argent Related is the developer-owner-operator.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Argent\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the MEPC, the asset management subsidiary of Federated Hermes.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[13038,24813,572,669],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-95987","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-building","8":"tag-building-contracts","9":"tag-housebuilding","10":"tag-regeneration"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme<\/title>\n<meta name=\"description\" content=\"Argent\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the MEPC, the asset management subsidiary of Federated Hermes\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme\" \/>\n<meta property=\"og:description\" content=\"Argent\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the MEPC, the asset management subsidiary of Federated Hermes\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; Construction Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/PBCToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-08T13:29:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2021\/07\/Birmingham-Paradise.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1246\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elisha Sketchley\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@PBC_Today\" \/>\n<meta name=\"twitter:site\" content=\"@PBC_Today\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/\"},\"author\":{\"name\":\"Elisha Sketchley\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/4ae66827b33682426f672d214cdd7580\"},\"headline\":\"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme\",\"datePublished\":\"2021-07-08T13:29:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/\"},\"wordCount\":468,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\"},\"keywords\":[\"Building\",\"Building Contracts\",\"Housebuilding\",\"Regeneration\"],\"articleSection\":[\"Planning &amp; Construction News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/\",\"name\":\"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme\",\"isPartOf\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#website\"},\"datePublished\":\"2021-07-08T13:29:25+00:00\",\"description\":\"Argent\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the MEPC, the asset management subsidiary of Federated Hermes\",\"breadcrumb\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.pbctoday.co.uk\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#website\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/\",\"name\":\"Planning, Building &amp; Construction Today\",\"description\":\"The Latest Planning, Building &amp; Construction News\",\"publisher\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.pbctoday.co.uk\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#organization\",\"name\":\"Planning, Building & Construction Today\",\"alternateName\":\"PBC Today\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg\",\"contentUrl\":\"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"Planning, Building & Construction Today\"},\"image\":{\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/PBCToday\/\",\"https:\/\/x.com\/PBC_Today\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/4ae66827b33682426f672d214cdd7580\",\"name\":\"Elisha Sketchley\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/30054ee50e4135840aa91decc99b14268d346fcf23e3f41d0ecfe6c19255e936?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/30054ee50e4135840aa91decc99b14268d346fcf23e3f41d0ecfe6c19255e936?s=96&d=mm&r=g\",\"caption\":\"Elisha Sketchley\"},\"sameAs\":[\"https:\/\/www.pbctoday.co.uk\"],\"url\":\"https:\/\/www.pbctoday.co.uk\/news\/author\/elishasketchley\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme","description":"Argent\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the MEPC, the asset management subsidiary of Federated Hermes","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/","og_locale":"en_US","og_type":"article","og_title":"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme","og_description":"Argent\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the MEPC, the asset management subsidiary of Federated Hermes","og_url":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/","og_site_name":"Planning, Building &amp; Construction Today","article_publisher":"https:\/\/www.facebook.com\/PBCToday\/","article_published_time":"2021-07-08T13:29:25+00:00","og_image":[{"width":1246,"height":800,"url":"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2021\/07\/Birmingham-Paradise.jpg","type":"image\/jpeg"}],"author":"Elisha Sketchley","twitter_card":"summary_large_image","twitter_creator":"@PBC_Today","twitter_site":"@PBC_Today","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#article","isPartOf":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/"},"author":{"name":"Elisha Sketchley","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/4ae66827b33682426f672d214cdd7580"},"headline":"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme","datePublished":"2021-07-08T13:29:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/"},"wordCount":468,"commentCount":0,"publisher":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization"},"keywords":["Building","Building Contracts","Housebuilding","Regeneration"],"articleSection":["Planning &amp; Construction News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/","url":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/","name":"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme","isPartOf":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#website"},"datePublished":"2021-07-08T13:29:25+00:00","description":"Argent\u2019s team working on the \u00a3700m Paradise development in Birmingham will be joining the MEPC, the asset management subsidiary of Federated Hermes","breadcrumb":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/argents-paradise-birmingham\/95987\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.pbctoday.co.uk\/news\/"},{"@type":"ListItem","position":2,"name":"MEPC takes over next phase of \u00a3700m Birmingham Paradise scheme"}]},{"@type":"WebSite","@id":"https:\/\/www.pbctoday.co.uk\/news\/#website","url":"https:\/\/www.pbctoday.co.uk\/news\/","name":"Planning, Building &amp; Construction Today","description":"The Latest Planning, Building &amp; Construction News","publisher":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.pbctoday.co.uk\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.pbctoday.co.uk\/news\/#organization","name":"Planning, Building & Construction Today","alternateName":"PBC Today","url":"https:\/\/www.pbctoday.co.uk\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg","contentUrl":"https:\/\/www.pbctoday.co.uk\/news\/wp-content\/uploads\/2022\/01\/pbctoday-logo-yoast-seo-organisation-1920-1080-001.jpg","width":1920,"height":1080,"caption":"Planning, Building & Construction Today"},"image":{"@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/PBCToday\/","https:\/\/x.com\/PBC_Today"]},{"@type":"Person","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/4ae66827b33682426f672d214cdd7580","name":"Elisha Sketchley","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.pbctoday.co.uk\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/30054ee50e4135840aa91decc99b14268d346fcf23e3f41d0ecfe6c19255e936?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/30054ee50e4135840aa91decc99b14268d346fcf23e3f41d0ecfe6c19255e936?s=96&d=mm&r=g","caption":"Elisha Sketchley"},"sameAs":["https:\/\/www.pbctoday.co.uk"],"url":"https:\/\/www.pbctoday.co.uk\/news\/author\/elishasketchley\/"}]}},"publishpress_future_action":{"enabled":false,"date":"2026-10-02 18:55:55","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/posts\/95987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/comments?post=95987"}],"version-history":[{"count":0,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/posts\/95987\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/media?parent=95987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/categories?post=95987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/tags?post=95987"},{"taxonomy":"stakeholder_rel_tag","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/stakeholder_rel_tag?post=95987"},{"taxonomy":"contributor_rel_tag","embeddable":true,"href":"https:\/\/www.pbctoday.co.uk\/news\/wp-json\/wp\/v2\/contributor_rel_tag?post=95987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}