MIPIM 2010: Thousands of jobs during 'Decade of Delivery'

By on 18/03/2010 in News

Tens of thousands of jobs are set to be created in Birmingham over the next few years, alongside many already in the pipeline through projects like the redevelopment of New Street Station and the Library of Birmingham.

The news comes in a series of announcements being made to delegates at MIPIM 2010, the global property conference in Cannes, from the Birmingham stand.

Already in the public arena are the jobs that will be created by Birmingham Gateway - up to 10,000 by the redevelopment of New Street Station - and the Library of Birmingham which will bring 250 new job opportunities including at least 25 apprenticeships.

And the three Legacy sites which were launched at MIPIM 2010 - Southern Gateway, Bordesley Park and Ladyport - are set to create tens of thousands of jobs over the next decade.

Over the four day conference Birmingham City Council leader Coun Mike Whitby is announcing that supermarket giant ASDA is preparing to commit £100 million to the Birmingham area, creating 2,000 jobs, over the next ten years.

Banking groups HSBC and Deutsche Bank, who already have significant presence in Birmingham, have stated their commitment to growing their back office services in the city with a total of a further 600 jobs. Deutsche Bank is creating 50 senior manager and director positions within its Birmingham operation.

Coun Whitby will tell delegates: “We are already pushing hard to win as many of the Government department relocations, even in advance of the Smith Review, with at least 1,000 jobs coming to Birmingham and potentially many thousands more.”

Other projects creating jobs around the city include plans for a 42,000 sq food store due to commence on site at the former Astra training complex which will create over 200 jobs.

Redevelopment of the former HP Sauce site in Aston for warehousing and a hotel will create nearly 300 jobs.

A new 55,000 sq ft Tesco store which has been recently completed on the Fox & Goose site is creating 210 jobs.

Coun Whitby will say: “These do not include all the construction jobs that will be created as the local economy in Birmingham gathers speed again on projects like Paradise Circus, the Metro extension from Snow Hill to New Street, the runway extension at Birmingham International Airport, as well as on projects already under way like Birmingham Gateway and the Library of Birmingham.

“Birmingham Gateway, the £620 million redevelopment of New Street Station, is expected to create over 10,000 new jobs.

“The Birmingham story at MIPIM is that while, like every other leading city in the world, we have seen a slowdown in our development programme, the momentum we created in the first ten years of the 21st century will carry us forward into a Decade of Delivery across the city.

“There are simply too many projects coming out of the ground and coming off the drawing boards to be denied and even the cynics are having to take their hats off to this vibrant city.”

A spokesman for ASDA said: “Birmingham has attracted inward investment and development which has seen the centre change almost beyond recognition over the last decade. The City Council has also made areas outside the city centre a key investment priority and is encouraging developers to deliver regeneration and employment so the benefits of this great city can be enjoyed by all its residents.

“ASDA is committed to working with this progressive council to help meet its objectives in these areas and bring high quality, affordable and sustainable retail to Birmingham's local and district centres.”

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