The city council aims to sell Plot 9 at the 30-acre science and technology campus to bring forward the 150,000 sq ft Hemisphere office building, while contractor Morgan Sindall is to be appointed to build a 90,000 sq ft office on Plot 5.
The need to deliver more homes shows no signs of abating and the need to build affordable homes continues to rise as targets for the construction of social housing go unmet, writes Victoria Alderton of Paddock Johnson.
The council has been ordered to disclose to the Government details of any of its upcoming property development or disposal plans, and its strategy to secure “effective governance” following a string of high-profile arrests.
The combined authority has awarded £214,000 to three initiatives to tackle racial divides in the city-region, including a pilot to expand the work of the International Slavery Museum within the grade one-listed former Dock Traffic Office.
The arrests of mayor Joe Anderson and four others on suspicion of bribery and witness intimidation could deter some investors but it still offers ample opportunities for growth and returns, according to commentators.