UK regeneration specialist St Modwen has submitted four planning applications to carry out a £750mln mixed-use redevelopment project at Longbridge near Birmingham. The company said in a statement the landmark regeneration, which is jointly owned by St Modwen and the Regional Development Agency Advantage West Midlands, will include around 180,00 m[sup]2[/sup] of commercial development and 1,980 homes as well as a large public space. The scheme, located near the Longbridge train station, will take 15 years to complete.
UK regeneration specialist St Modwen has submitted four planning applications to carry out a £750mln mixed-use redevelopment project at Longbridge near Birmingham. The company said in a statement the landmark regeneration, which is jointly owned by St Modwen and the Regional Development Agency Advantage West Midlands, will include around 180,00 m2 of commercial development and 1,980 homes as well as a large public space. The scheme, located near the Longbridge train station, will take 15 years to complete.
The project also comprises a new learning quarter on the site earmarked for the town centre, anchored by Bournville College which announced earlier this year that it will relocate to a new purpose-built £84mln educational facility at Longbridge in 2011.
Bill Oliver, chief executive of St Modwen, said: 'Longbridge is a site with a world-renowned heritage and today we have moved this area of the Midlands into a new and incredibly exciting era. The potential Longbridge has to become a thriving economic hub and a sustainable new residential community is now apparent; and it is more than matched by the vision and confidence St Modwen and Advantage West Midlands have in Longbridge as we enter this new chapter in its history.'
St Mowden aims at achieving the BREEAM 'excellent' rating for all the office buildings.
