The Colmore Building
| The Colmore Building | |
|---|---|
 | |
 | |
| Former names | Colmore Plaza |
| General information | |
| Type | Commercial |
| Address | Colmore Circus Queensway |
| Town or city | Birmingham |
| Country | England |
| Coordinates | 52°29′0.8″N 1°53′44.6″W / 52.483556°N 1.895722°W |
| Construction started | February 2006 |
| Completed | February 2008 |
| Owner | AshbyCapital |
| Height | 54 metres (177 ft) |
| Technical details | |
| Floor count | 14 (OG) 5 (UG) |
| Floor area |
|
| Lifts/elevators | 8 |
| Design and construction | |
| Architecture firm | Aedas |
| Other information | |
| Parking | 115 Spaces |
The Colmore Building, formerly known as Colmore Plaza, is a 14-storey office building in the Colmore Business District area of Birmingham City Centre.
The building
The Colmore Building is a Grade A office building spread over 14 storeys.[1] It can accommodate lettings of up to 104,000 sq ft across 23,000 sq ft floor plates and has a BREEAM environmental and sustainability rating of 'Excellent'.[2]
Major tenants
- AECOM
- Aedas
- Allianz
- Amey plc
- Grant Thornton International
- Investec
- Marsh & McLennan Companies
- Vodafone
Location
The Colmore Building is located in the Colmore Business District, which is Birmingham's main business area.[3] There are around 500 companies located in the Colmore Business District, employing up to 35,000 people and occupying approximately 5.6m sq ft of office space.[4]
Ownership
Colmore Plaza was purchased from The Carlyle Group by real estate investment advisory company, AshbyCapital LLP, for £140m in August 2015, in what was one of the largest single-asset regional deals of 2015.[5] AshbyCapital secured an £80m loan with AgFe to fund the deal.[6] AshbyCapital's other investments include 200 Aldersgate, a 434,005 sq ft office building in the City of London.[7]
Enhancement programme
In January 2016, AshbyCapital announced a £3.5m enhancement programme and relaunched the building under the new name, The Colmore Building.[8] As part of this programme, a coffee house, gym, treatment rooms and cycling facilities, including bicycle parking, changing rooms and a drying room were announced, along with an enlarged and refurbished reception area.[9]
References
- ^ "New gym and café for Colmore Plaza in £3.5m revamp". The Birmingham Post. Retrieved 4 February 2016.
- ^ "AshbyCapital relaunches Colmore Plaza as The Colmore Building and initiates £3.5m enhancement programme". Commercial News Media. Retrieved 4 February 2016.
- ^ "AshbyCapital secures £80m financing for Colmore Plaza in Birmingham". Property Funds World. Retrieved 4 February 2016.
- ^ "Colmore Business District". Colmore Business District. Retrieved 4 February 2016.
- ^ "Ferrari's Ashby revs up with £80m loan for Brum trophy". CoStar. Retrieved 4 February 2016.
- ^ "Ashby Capital secures £80m for Colmore Deal". Property Week. Retrieved 4 February 2016.
- ^ "Ashby Capital confirms purchase of 200 Aldersgate for £225m". Property Mall. Retrieved 4 February 2016.
- ^ "New identity for Birmingham office block". Insider Media. Retrieved 4 February 2016.
- ^ "AshbyCapital relaunches Colmore Plaza as The Colmore Building and initiates £3.5m enhancement programme". Commercial News Media. Retrieved 4 February 2016.
