A former press factory dating back to the early 1900s in the could be turned into a new bar and restaurant.
The Taylor & Challen building at 48 Constitution Hill was built as part of series of factories in the vicinity and is currently used by clothing wholesaler Dex.
New plans have now been brought forward for a change of use of the Grade II listed building to create a bar and restaurant covering 7,220 sq ft and which is expected to create ten full- and part-time jobs.
The plan has been lodged by leaseholder Tarlochan Singh of Dex Trading, who told the Post : "We are finishing Dex as a clothing wholesaler and distributor as the business is just not there at the moment.
"This is purely a commercial decision. We have a potential occupier lined up, someone who already runs a restaurant, but we cannot say who that is at this stage until we get planning permission.
"We're at a delicate stage of the process but, from what we've heard, it shouldn't be too long before we secure planning permission."
A previous planning permission was granted in 2003 to convert the property into 16 apartments with a food and drink and office use but this never came to fruition.
According to Historic England, the four-storey building was constructed between 1912 and 1920, and subsequently extended in 1938, and was awarded Grade II listed stratus in 1982.
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Taylor & Challen, a globally renowned manufacturer founded by Joseph Taylor in 1849, ran its presses from several buildings in the area including the neighbouring 32-34 Constitution Hill and several still bear the company's name.
It had factories in nearby Henrietta Street, one of which once a wholesale renovation programme completes next year.
Planning documents prepared by Birmingham-based consultancy Moorcroft Design Studio for this latest application said: "Sadly, the area and premises have over the years declined and the upper floors are vacant.
"It is hoped the proposed restaurant and bar will revitalise the area once again. The new restaurant will have two separate areas. The front will be a less formal bar area serving meals and drinks.
"The main restaurant area will be housed in the main block of the ground floor with a secondary suite to the rear of the wing which will cater for smaller private functions.
"A discussion of an informal nature with potential pub/restaurant customers has resulted in favourable support for this proposal."
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