Meanwhile, Birmingham City Council has confirmed a major change to the Smithfield project, amid financial “pressures”.
The scheme is set to transform the former wholesale market site into homes, retail and leisure space and a new market complex.
But an outline business case document revealed changes to the proposed cultural offer, with the Art Shed building and Round House music venue to be incorporated into a single building rather than two separate structures as originally intended.
The council said it was to reduce the need for funding, as requested by government-appointed commissioners sent in to oversee the authority’s financial recovery after it effectively went bankrupt.
The document stated commissioners did not support a funding ask of £209m linked to the proposal’s enterprise zone, and it had now been reduced to £172.8m.
The council also confirmed Smithfield’s leisure offer was set to change and would no longer offer a “big-box style” leisure complex, including an urban adventure playground and digital immersive experience.
“The leisure offer will now consist of two smaller leisure provisions,” the outline business case continued.