The 3,350m2 iCentrum building is intended to become a ‘tech business incubator’ and is said to be the first speculative office building in Birmingham for four years.
A planning application has been lodged with Birmingham City Council, which is also the owner of the Innovation Birmingham Campus.
Innovation Birmingham CEO David Hardman said: “It may only be a 38,000 sq ft building, but it will have an international reach from the day it opens. The top floor will feature a range of self-contained, highly flexible office suites for growing entrepreneurial tech companies. The first floor will be home to our new Serendip incubator, which will deliver a rich blend of disruptive innovation across four key sectors in a truly smart city. The ground floor and mezzanine level will be the place to meet, be innovative, do business, and launch a new tech start-up in Birmingham. It will be a magnet for physical and virtual communication; the lighthouse for Birmingham’s Smart City Agenda.”
Birmingham City Council leader Sir Albert Bore said: “I am delighted with the progress that Innovation Birmingham has made in developing its concept for iCentrum. This scheme will be central Birmingham’s first speculative development since the completion of The Cube in 2010 and it signifies new market confidence and adds demonstrable substance to the recent focus on Birmingham as a ‘tech city’.”