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Commercial Property

Revamp for former Birmingham council building

Historic city centre block has been the subject of several planning proposals in recent years

CGI of plans to renovate Louisa Ryland House in Birmingham

A former council building in Birmingham city centre is undergoing a facelift as agents are appointed to market the site again.

The owner of Louisa Ryland House is on the hunt for tenants after a string of planned projects at the complex in Newhall Street failed to get off the ground.

Euro Property Investments acquired the historic building in 2014 in a rumoured £7 million deal since when it has been the subject of different renovation plans including a mix of offices and dining out and later a hotel.

And in 2019, a major deal was struck for the entire 86,000 sq ft building with US firm WeWork to create new co-working facilities and flexible office space.

Birmingham Business - Review of the Year 2020

Commercial property agencies CBRE and JLL have now been jointly appointed to find new tenants as the landlord carries out refurbishment work.

The new-look space will have grade A office accommodation over six floors, with quoting rents of £31.50 per sq ft, while some of the building's original period features and styling will be retained in the new designs.

Some of the space will be designated as flexible office accommodation aimed at startups and growing businesses while other planned amenities include a roof terrace, external courtyard, café and cycle hub with changing facilities.

Theo Holmes, a director in CBRE's birmingham office agency team, said: "Louisa Ryland House has been the subject of a number of redevelopment proposals over the years so it's great to see this landmark listed building being brought back to life."