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Birmingham’s New Street Station Crowned ‘UK Project of the Year’ after £1bn Redevelopment

Birmingham’s New Street Station has been awarded the title of ‘UK Project of the Year’ at the 2016 RICS Award Grand Final, following a substantial £1 billion redevelopment.

Birmingham’s New Street Station has been awarded the title of ‘UK Project of the Year’ at the 2016 RICS Award Grand Final, following a substantial £1 billion redevelopment.

Triumphing against other 90 of the UK’s most impressive property schemes, Birmingham’s New Street Station and Grand Central projects were awarded the prestigious title by the Royal Institution of Chartered Surveyors’ (RICS) 2016 Award Grand Final.


The award is given to the property scheme that demonstrates not only an impressive best practice but also a significant advantage to the local area and the wider economy.


The Birmingham Gateway & Grand Central project, which was delivered by an extensive team including Network Rail, Birmingham City Council and project management consultancy Turner & Townsend, was described by RICS judging panel as the “most significant investment in regenerating Birmingham in a generation”.


The new Birmingham’s New Street station and Grand Central, formerly known as Pallasades shopping centre, opened in September 2015 and since then, the scheme has become a popular retail and leisure destination.


Birmingham’s New Street station is now known as world-class transport facility and is five times bigger than the original station; whereas the new shopping centre that is located above, now welcomes the largest John Lewis outside of London an eclectic mix of premium high street brands and restaurants.


Commenting on the ambitious regeneration scheme, David Tuffin FRICS of Tuffin Ferraby Taylor LLP said:


“As one of Britain’s largest and most important cities, Birmingham deserves a station and shopping and leisure destination of this remarkable calibre. This investment in the city has created around 10,000 jobs and is expected to deliver around £2bn in economic benefits.”


He concluded by adding that the project is serving as a catalyst for further regeneration in other parts of the city centre.


Earlier this week, a survey published by RICS found that 49% of respondents expect construction levels across the UK to increase over the next 12-months.

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