Arden Cross will be a mixed-use development, accommodating up to 246.000 sq m of commercial space suitable for domestic and overseas occupiers, more than 2,000 new homes and a combination of retail and leisure amenities.
The site will cover 350 acres of land near to Birmingham Airport, the city’s railway station and the national motorway network in Solihull.
The Interchange Station will be the first stop on the HS2 line outside of London, with an estimated 21,000 passengers a day using the station by 2026.
The vision for the site, which was presented to the public at MIPIM 2016, is being driven by the Arden Cross Consortium, a group of four landowners.
Ben Gray, from the Arden Cross Consortium, said: “Arden Cross is a destination at the heart of a global network of road, rail and air connections placing over 35 million people in the UK within a two hour travel time.
“While we are still in the early stages of the development process, it is hugely exciting for us to be able to unveil the vision for this site and how it can support the UK Central vision for the continued economic prosperity of the region and UK as a whole.”
Arden Cross is part of Solihull’s ‘UK Central’ growth plans – a vision designed to maximise Solihull’s role as a powerhouse of the regional economy.
Councillor Ian Courts, Cabinet Member for Managed Growth and Deputy Leader of Solihull Council, said: “The development will attract international interest from world class businesses and has the capacity to deliver over 20,000 jobs, building on the area’s track record in delivering strong economic growth and contributing to its future success.”