Quarter three started with the news that a long-awaited restoration project of a historic city centre building had hit the buffers.
Funders backing the £35m regeneration of Methodist Central Hall pulled out of the project, leaving creditors owed more than £9 million.
A newly published report outlined the problems the project had faced, with suggestions it had become financially unviable.
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Its owner Ciel Capital is hopeful of securing new backing to carry out the transformation to create a hotel, apart-hotel, restaurant and live music venue.
The news that perhaps many had expected was confirmed in quarter three when the Government announced delays and revised budgets for the HS2 project.
The Department for Transport said the total cost of the new high-speed rail line would be up to £22 billion more than originally budgeted for while the final completion date of phases one and two could be up to seven years late.
Staying with the city's railways, Birmingham could benefit from more than 400 extra passenger trains a day under an ambitious £3.5 billion vision for Midlands' rail services.
Regional transport body Midlands Connect launched its Midlands Engine Rail masterplan which it said would dramatically improve services in Birmingham and across the wider Midlands if adopted in full by the Government.
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Its plans include 736 more passenger trains on the Midlands network each day - including 416 more trains calling in central Birmingham - faster and more frequent services to locations such as Nottingham, Derby, Telford, Shrewsbury and Worcester and full integration with HS2.
The 2022 Commonwealth Games was never far from the headlines this year but a novel new fundraising concept was proposed.
Members of the House of Lords were trying to change the law which would allow Birmingham hoteliers to add a £1 levy per room, per night which could then be used to fund the games.
It is estimated that the additional money would raise an extra £15 million ahead of the sporting spectacle.
One of the more bizarre development projects to cross BusinessLive's desk this year came in the form of a £25 million surf park near Birmingham.
Developers announced plans to build the park along with a surf school and other facilities on a 15-acre site west of Coleshill town centre.
It is estimated that the project, called Emerge Surf Birmingham (above), would attract 250,000 visitors and add up to £21 million to the local economy per year.
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Growing bank group Metro put its flag in the Birmingham sand during the summer when it opened a new branch in the heart of the city's retail district.
The company's expansion into both the West and East Midlands was part of a concerted effort to extend its reach outside its heartland of London and the South East.
Its home at the corner of New Street and High Street is far better known as a base for retailers which gives some indication of how Metro sees itself.
Completing the news for quarter three was the announcement that one of the most senior figures at Birmingham City Council was stepping down from the role.
Waheed Nazir led the authority's property and regeneration operations and was seen as a key bridge between the council and the city's private sector property and construction community during his 15 years there.