Sterling Property Ventures and Rockspring have revealed plans for the redevelopment of the NatWest Tower at 103 Colmore Row in Birmingham.
The joint venture partners will replace the former 1970s tower with a 211,000 sq ft steel, aluminium and glazed structure. At 26 storeys it will be the tallest building in the city’s central business district.
The new building, designed by London-based architects Doone Silver, will comprise 196,000 sq ft of offices over 19 floors.
Sterling and Rockspring applied to Birmingham city council in January for permission to begin demolishing the existing building. The application will be determined on 19 March.
James Howarth, managing director of Sterling Property Ventures, said: “We are replacing an ugly and unloved tower with a striking building with a distinctive silhouette that will enhance the Birmingham skyline and act as a marker for orientation within the city.”
Colliers International, DTZ and Knight Frank have been appointed as letting agents.