The £1.9 billion redevelopment of the former Smithfield wholesale markets in Birmingham city centre has taken a major step forward. The city council and Lendlease have finalised a joint venture for the redevelopment of the 42 acre site.
Long known for it's role in the Industrial Revolution, Birmingham morphed into a city of cars and concrete. Now it is reinventing itself as a leading European centre for finance, business services and technology.
If a city wants to be taken seriously as a financial centre, attracting a big investment bank would be a smart move. They don't come any bigger than Goldman Sachs.
Industry giant Knight Frank have released details of five locations where favourable local conditions suggest opportunities for property developers and investors. Amongst them is Chesterfield, where it just so happens....
A study by one of the industry giants found that property values close to a major regeneration site increased over 3% p.a. faster than the wider area. These are 4 of the fastest changing cities in England and their regenerating areas that investors should have on their radar.