Home » News » Contract awarded for a mixed-use commercial and residential scheme in Midlands
Muse has been chosen as the project manager for the £3.2 billion mixed-use commercial and residential scheme in Midlands. It is located near the HS2 Interchange station. The agreement was reached with Arden Cross Limited. The special-purpose delivery vehicle is formed by Birmingham City Council, Packington Estate, and Coleshill Estate. Thus, they will help move forward the 346-acre transformation site near the NEC campus, Birmingham Airport, and Birmingham International station.
Arden Cross will eventually offer 3,000 new homes and up to 6 million square feet of employment space. Furthermore, they will offer up to 27,000 new jobs. Muse will begin the first phase of the mixed-use commercial and residential scheme as early as 2025. This will potentially create a variety of benefits and jobs.
Plans for the mixed-use commercial and residential scheme in Midlands
The link up with Muse comes swiftly after Arden Cross Limited lately signed a Memorandum of Understanding (MOU) with University Hospitals Birmingham (UHB) and the University of Warwick. The MOU was to investigate the feasibility of establishing a new Medical & Technology Campus to deliver world-class innovation in the healthcare and technology sectors.
“This is a truly special opportunity to put forward a landmark destination for the UK. Consequently, it would be a beacon for growth in the Midlands,” said Maggie Grogan, Development Director for Muse. “We’re very proud to be joining the team.”
“As a company, we’re dedicated to offering sustainable regeneration at a rapid pace. As a result, it would be real, tangible benefits to communities, and we can’t wait to get started.”
“Arden Cross is committed to reaching sustainable growth for the region and the entire UK. We know Muse will help us achieve this,’ said Ben Gray, Project Director at Arden Cross. We are dedicated to working together to capitalize on the masterplan principles and deliver transformational change for the region, while also offering a great economic hub for the UK in a unique public-private partnership that leverages Arden Cross’ excellent connectivity.”