A Delancey-led partnership is squaring up against Lendlease to take on Smithfield Market in Birmingham.
Delancey is bidding for the site with APG, Qatari Diar and Canadian firm Oxford Properties.
The Smithfield Market site is the largest development opportunity in Birmingham. Cushman & Wakefield was instructed by the council to run the bidding process for the site in April 2017.
The 34.6-acre site is expected to deliver 2,000 new homes and over 3m sq ft foot of commercial, retail and leisure space.
The scheme will have a gross value well in excess of £1bn.
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