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Birmingham city centre is at the heart of the region’s financial and professional services sector. The 26 sites which make up the City Centre Enterprise Zone (EZ) reflect the spatial strategy for the area and will accelerate the development of the city centre in order to create jobs, unlock regeneration and grow the city’s profile as a leading global business destination.
The vision set out in the Big City Plan is to create and support a globally competitive knowledge economy, the natural home for Europe’s entrepreneurs and wealth creators with an enterprise culture supported by investment in infrastructure. It focuses on those sectors in which Birmingham and the region have a competitive advantage and which can be accommodated in the city centre including financial and professional services, creative and digital businesses and education providers.
To accommodate growth in the financial and professional services sector, the central business district within the city core will expand to take in the Arena Central and Paradise Circus sites. The transformation of Paradise Circus will provide mixed-use development of offices, shops, leisure and cultural facilities together with civic amenities, a hotel and new public realm.