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Commercial Property

Carillion to lead first phase of Paradise Circus

Support services giant will start enabling works this autumn on £500 million regeneration project

An updated artist's impression of the Paradise Circus development, viewed from Ratcliffe Passage, shows new indicative landscaping in Chamberlain Square

A contractor has been appointed to kick start work in earnest on the £500 million Paradise Circus regeneration project.

Carillion, the Wolverhampton-based support services giant which led the Library of Birmingham project, will start enabling works this autumn and commence phase one of infrastructure early next year.

Paradise Circus is a 17-acre, mixed-use scheme which will eventually comprise circa 1.8 million sq ft of offices, shops, leisure, cultural and civic amenities together with a new hotel, set within public space between Chamberlain Square and Centenary Square.

The project will be completed over three phases with the first comprising two buildings, public realm and highway work around the Paradise Circus Queensway island, with a target completion date of 2017/18.

Carillion's chief executive Richard Howson said: "Paradise Circus is a crucial project for the city and Carillion is very proud to have been selected to be part of it.

"We are looking forward immensely to starting work on the site, supporting infrastructure and working alongside such an experienced and successful team."

The project is being led by Paradise Circus General Partner, a joint venture between Birmingham City Council and Hermes Real Estate.

Argent is managing the design and delivery of the site works on behalf of the JV and is also development manager for Hermes Real Estate on the commercial buildings.