A key element of the new proposals includes building a 50m swimming pool and new library.
The plans, which will be funded by the university and alumni donations, also involve extending student accommodation and staff car parking over the next five years.
S&P Architects and Lifschutz Davidson Sandilands are working together to draw up plans to build the scheme a brownfield site located at the south east corner of the Edgbaston Campus.
It is hoped that planned sports centre will cement the university’s reputation as one of the leading sporting universities in the UK.
Director of Estates Ian Barker said: “Although we are very proud of the Edgbaston campus these are significant and exciting projects that will benefit students, staff and the local area. The University was founded to be an asset for the city and these plans have that aim in mind.
“For that reason, a number of developments, like the proposed new sports centre, swimming pool and the cultural hub, focus on facilities that will benefit the community as well as staff and students.
“We also hope that extending student accommodation and staff car parking on campus will relieve pressure on Selly Oak. Our plans also envisage a reduction in the University’s environmental impact and carbon footprint.”