How Will New Developments in Birmingham Affect The Property Market?
Birmingham – otherwise known as the UK’s second city – is one the most populated cities in the country. With forecasts anticipating a population of over 1,240,000 by 2030, Birmingham is expanding to meet the growing demands of its residents.
From fresh amenities to additional transport links, the new developments in Birmingham are working to transform the city into a connected hub of neighbourhoods and contemporary living solutions.
Not only are these new additions expected to catalyse up to 19.9% price growth by 2028 according to JLL, they will also continue to raise the profile of the second city. Attracting more residents to the West Midlands, these new developments in Birmingham will create a domino effect of property growth and additional regeneration across the city.
Midlands Metro Extention
Many of the new developments in Birmingham centre heavily on transport. Not only is Birmingham housing an integral station in the HS2 project, but the Midlands Metro Extension is further building on the accessibility of the second city.
The upcoming Midlands Metro Extension comprises multiple distinct phases, which will eventually work towards transforming Birmingham into a 15-minute city. The first phase of this project – which connects Centenary Square and Birmingham Westside – completed in 2019 and laid the foundations for the second phase. In 2022, the Metro expanded to Brindleyplace, Five Ways, Edgbaston and Hagley Road.
However, the Metro upgrades won’t stop there – additional connections from Wednesbury to Brierley Hill, and Eastside to Deritend, will create even better interconnectedness across the region, spreading opportunity, creating jobs, and boosting the appeal of the West Midlands as a fantastic place to live and work.
Featured Development
SETL
Jewellery Quarter, Birmingham
Your Personal Sanctuary In The Heart Of Birmingham
1 & 2 Bedroom apartments available
Birmingham property prices set to increase by 19.2% by 2027 (JLL)
Birmingham rental prices set to increase by 19.3% by 2027 (JLL)
150 metres from St. Paul’s Square, The Jewellery Quarter and 150 metres from the Colmore Business District
City-centre properties achieving yields between 5% and 6%
Parking available – rare on St Paul’s Square
20% Deposit required
Estimated completion Q3 2023
Prices From
£245,000
Paradise
Paradise Birmingham is transforming the city’s civic heart, blending heritage with modern design to create a vibrant hub for business, leisure, and urban living. With a £1.2 billion investment, the development is attracting businesses, talent, and visitors while enhancing the city’s skyline.
The second phase is progressing rapidly, following the completion of the 280,000 sq. ft. One Centenary Way in 2023. The striking Octagon residential tower and the 189,000 sq. ft. office building, Three Chamberlain Square, are set for completion in 2025. By 2028, Paradise will be a thriving destination, offering contemporary office space, high-quality buildings, and dynamic public spaces.
As the project nears completion, it will introduce a range of new amenities, including premium restaurants, stylish bars, and a luxury hotel. Set within Birmingham’s expanding business district, Paradise is not just a regeneration scheme—it is a catalyst for the city’s future growth, creating a world-class environment for working, living, and socialising.
Birmingham Smithfield
Birmingham Smithfield has been coined a ‘once-in-a-generation opportunity’, with extensive plans of regenerating the city’s most creative neighbourhood – Digbeth. Not only does this project intend to craft a new retail destination for Birmingham, it also has ambitious aims of positioning Digbeth as one of the UK’s biggest hotspots for tourism, business and retail.
While this regeneration scheme will transform Digbeth, it will continue to pay homage to its distinct character. Over the years, Digbeth has become Birmingham’s very own Camden Town, and with the addition of sustainable, unique developments, this investment plan will only build upon the neighbourhood’s creativity.
This £1.9 billion joint venture has a forecasted completion date of 2037. Despite the length of this project, Birmingham Smithfield is expected to contribute over 100,000 new jobs to the city, as well as catalysing billions of pounds worth of investment into the local area.

Want to know more about the Birmingham property market? Download the Birmingham Investment Guide today and discover everything you need to know about Birmingham property investment in the new year. In this guide you’ll find:
- Current market performance
- Forecasts for the Birmingham property market
- Key trends impacting the market
- Best places to invest in Birmingham
Curzon Street Station
The HS2 development at Birmingham’s Curzon Street Station is set to drive significant regeneration in the region. As part of Britain’s new high-speed rail network, the station will drastically cut journey times between London and Birmingham to just 49 minutes, with connections extending to major cities like Manchester, Liverpool, and Glasgow. This marks the first new intercity terminus to be built in Britain since the 19th century, with a commitment to achieving net-zero operations.
The project is expected to create over 1,000 jobs during its main works phase, alongside an £816 million boost to local companies, almost doubling the economic impact of the Commonwealth Games. Birmingham City Council has committed £724 million to regeneration through its Curzon Investment Plan. Over the next three decades, this transformative scheme will deliver up to 4,000 new homes, 36,000 jobs, and several new neighbourhoods across 150 hectares, positioning the city as a dynamic hub for business, transport, and sustainable living.
New Square Garden
Other Developments In Birmingham
Although we’ve listed some of the most significant new developments in Birmingham for 2025 and beyond, this is far from an exhaustive list. Additional Birmingham developments projects underway include…
Birmingham Enterprise Zone
Old John Lewis
The former flagship John Lewis store within Grand Central Station is set to be repurposed into The Drum, a mixed use development. With office spaces, a gym, eateries, a roof garden and events space, The Drum is set for completion in 2025 and is set to become an iconic Birmingham new development.
Typhoo Wharf
Set to become the new home of the BBC, the former Typhoo Tea factory will see the BBC relocate from its current Mailbox headquarters. The Digbeth-based former factory will become a hub for creativity not just in Birmingham, but across the UK, and is set to open in time for 2027.
Beorma Quarter
This upcoming mixed-use project in Digbeth is set to bring commercial office spaces, homes, and even a hotel to the city core, scheduled for completion in 2026. Spanning 93,000 metres square, the £200 million Beorma Quarter project will sit adjacent to the Bullring, offering optimal convenience for residents and businesses alike.