Demolition contractor DSM has cleared a multi-storey car park to allow construction of a 210-bedroom Holiday Inn Express, which will form part of the 2.3m sq ft Arena Central mixed-use development.
Construction is expected to start in the second quarter of next year and be completed in early 2015.
Once completed the 14-storey hotel will back onto Arena Square, forming a key part of the planned office-led mixed use scheme.
The 9.2 acre Arena Central scheme is a joint venture between Miller Developments and Bridgehouse Capital.
Jonathan Wallis, development director at Miller Developments, said: “Alongside the development of the hotel, we are working closely with Birmingham City Council to deliver the site’s next commercial building of around 110,000 sq ft, which is planned to sit in a prominent position fronting Broad Street.
“This site is one of the most strategically important locations in the city and our proximity to the Library of Birmingham, the established city core, Brindleyplace and The Mailbox will undoubtedly help to create a fully connected, 21st Century location.”
Outline planning consent for Arena Central is already in place for up to 2.3m sq ft of mixed-use development, including 800,000 sq ft of Grade A office accommodation, hotels, residential units and 1.2m sq ft of retail/leisure units.