The team leading the redevelopment of the transformational Paradise scheme in Birmingham city centre have joined MEPC.
The eight-strong team from Argent, led by Rob Groves, will continue working on the second and third phases of the £700m scheme.
The new structure combines the investment, development and asset management expertise into one business.
MEPC is owned by Federated Hermes, which is managing the private sector funding on the Paradise scheme, in partnership with Canada Pension Plan Investment Board and Birmingham City Council.
The transition to MEPC follows the successful completion of phase one, which delivered One and Two Chamberlain Square with occupiers including PwC alongside Dishoom, Rosa’s and Vinoteca.
Rob Groves, regional development director at MEPC, said: “Our focus will remain the same, to deliver the next phases of this landmark development for the city of Birmingham in the coming years.”
At almost 2m square feet, Paradise will deliver up to 10 flagship buildings, offering offices, shops, bars, cafés, restaurants, a…
