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The Colmore Building

Coordinates:52°29′0.8″N1°53′44.6″W / 52.483556°N 1.895722°W /52.483556; -1.895722
From Wikipedia, the free encyclopedia
Commercial in Birmingham, England
The Colmore Building
Map
Interactive map of the The Colmore Building area
Former namesColmore Plaza
General information
TypeCommercial
LocationColmore Circus Queensway,Birmingham,England
Coordinates52°29′0.8″N1°53′44.6″W / 52.483556°N 1.895722°W /52.483556; -1.895722
Construction startedFebruary 2006
CompletedFebruary 2008
OwnerAshbyCapital
Height54 metres (177 ft)
Technical details
Floor count14 (OG) 5 (UG)
Floor area
  • 320,600 sq ft
  • 22,900 sq ft (Floor Plate)
Lifts/elevators8
Design and construction
Architecture firmAedas
Other information
Parking115 Spaces
Website
thecolmorebuilding.com

The Colmore Building, formerly known asColmore Plaza, is a 14-storey office building in theColmore Business District ofBirmingham City Centre.

The building

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The Colmore Building is a Grade A office building of 14 storeys.[1] It can accommodate lettings of up to 104,000 sq ft across 23,000 sq ft floor plates and has aBREEAM environmental and sustainability rating of 'Excellent'.[2]

Major tenants

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Location

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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

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Colmore Plaza was purchased fromThe 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 include200 Aldersgate, a 434,005 sq ft office building in the City of London and The Avenue, an office and retail building on the corner of Bedford Avenue and Tottenham Court Road in London’s West End.[7][8]

Enhancement programme

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In January 2016, AshbyCapital announced a £3.5m enhancement programme and relaunched the building under the new name, The Colmore Building.[9] 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.[10]

References

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  1. ^"New gym and café for Colmore Plaza in £3.5m revamp". The Birmingham Post. Retrieved4 February 2016.
  2. ^"AshbyCapital relaunches Colmore Plaza as The Colmore Building and initiates £3.5m enhancement programme". Commercial News Media. Retrieved4 February 2016.
  3. ^"AshbyCapital secures £80m financing for Colmore Plaza in Birmingham". Property Funds World. Retrieved4 February 2016.
  4. ^"Colmore Business District". Colmore Business District. Retrieved4 February 2016.
  5. ^"Ferrari's Ashby revs up with £80m loan for Brum trophy". CoStar. Retrieved4 February 2016.
  6. ^"Ashby Capital secures £80m for Colmore Deal". Property Week. Retrieved4 February 2016.
  7. ^"Ashby Capital confirms purchase of 200 Aldersgate for £225m". Property Mall. Retrieved4 February 2016.
  8. ^"Bennetts Associates' new block is plugged in to Tottenham Court Road".Architects Journal. Retrieved24 April 2017.
  9. ^"New identity for Birmingham office block". Insider Media. Retrieved4 February 2016.
  10. ^"AshbyCapital relaunches Colmore Plaza as The Colmore Building and initiates £3.5m enhancement programme". Commercial News Media. Retrieved4 February 2016.

External links

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