Probably Not New Info - Sports Qtr

The MDC will help unlock substantial private sector investment through accelerating project delivery and will maximise the socio-economic benefits arising from major infrastructure projects including the £300 million East Birmingham Metro Extension.

This includes major projects such as:
• Sports Quarter: A catalytic £3 billion US-based foreign direct investment, creating approximately 8,400 jobs and an annual GVA of c.£370 million.

The East Birmingham Metro Extension will serve key locations including Millenium Point, Birmingham City University, Curzon Street Station, Digbeth and Sports Quarter. It will also act as a springboard for the longer-term plan to extend the Metro from Sports Quarter through the east of the city to North Solihull, Birmingham Airport, NEC, and Arden Cross. The committed £300m Metro Extension to Sports Quarter (targeted to be operational in 2030) will directly facilitate the catalytic £3bn investment by Knighthead Capital Management into Birmingham Sports Quarter

Projects Reason for Inclusion Sports Quarter The project has momentum, with Knighthead targeting completion of the new stadium by the 2030/31 season. This will require a significant amount of public and private sector resource with the skills to deliver within that timeframe. This is a once in a generation opportunity to leverage the £3bn of private investment to deliver much needed socio-economic benefits for the communities in this area of Birmingham. This will also require dedicated resource to ensure the benefits and outcomes are realised in the required timescales. The stadium development and wider area will benefit from improved accessibility to the city centre through the delivery of the metro extension – a committed and funded infrastructure project. The stadium and metro extension

The project is also within the Growth Zone with the ability to retain business rates for local investment.

• Site remediation underway • 2026 - Major planning application submission for new stadium. • Target completion of stadium for 2030/31 season • Outline planning application for Metro Extension targeted for 2026 (£300m funding secured) • Upgrade to Adderley Park Station £100m funding secured • CPO and land acquisition requirements • Public sector legal advice • Stakeholder engagement and management (private sector and local communities)