The Team
Working together to create Paradise
Bringing the vision to life
Paradise is an exemplar of public-private partnership delivering real economic value to a city and region. The Paradise Birmingham partners have all worked tirelessly to bring about a transformational development that will contribute jobs and inclusive growth to the city and its citizens for years to come.
MEPC took over the developer-manager role from Argent in July 2021 to deliver Phases Two and Three, retaining the team that have so successfully brought the project to fruition. Federated Hermes Private Markets is the private sector investor working together with Birmingham City Council and the Enterprise Zone as public delivery partners.
As part of Federated Hermes Private Markets, MEPC has a long track record of working together to create destinations where community can flourish.
The Partners
MEPC is an urban regeneration developer that creates transformational places to work, live and socialise. With a 75-year history of progressive and imaginative thinking, their commitment to Paradise extends not only to the restoration of Birmingham’s civic heart, but to the continued investment and stewardship that will contribute to its growth and evolution over time.
Federated Hermes is the private sector funder of Paradise and is an asset manager with a difference. It believes it has a duty to deliver holistic returns – outcomes for clients that go far beyond financial performance and consider the impact decisions and investments have on society, the environment and the wider world.
The council’s vision for the future of Birmingham is for a place of inclusive growth, in which every child, citizen and neighbourhood matters. Recognising the potential of its city centre landholding led the council to establish the Paradise Birmingham Joint Venture in 2013 to bring forward the Paradise scheme as the UK’s largest city centre redevelopment project.
The city centre Enterprise Zone (EZ) is the largest of its type in the country and is focused on Business and Financial Services, ICT, Creative Industries and Digital Media. It has the potential to create 40,000 new jobs, add £2 billion a year to the local economy and make available 1.3 million square metres of new floorspace over the lifetime of the project.
The design & delivery team
The wider team includes planning, design and architecture, communications, transport, engineering and consultancy practices as well as construction delivery experts.
