Planning permission from Birmingham City Council has been obtained by Legal & General Property (LGP), on behalf of its UK Property Income Fund II, for the refurbishment of Temple Court.
Temple Court is located in Birmingham's central business district and the 1920's building will undergo a refurbishment of its existing six floors and the construction of a new seventh floor.
The new scheme will provide a total of 110,000 sq ft of office space with typical floorplates in excess of 16,000 sq ft. It will also include dedicated cycle parking and shower facilities, as well as a modern, spacious reception.
Charlie Walker, Fund manager to the UK Property Income Fund II, said: "With strong growth in the Birmingham office market and the continued trend for major relocations to the city, the sensitive refurbishment of this landmark building will be an important step in meeting growing occupier demand.”
Work is scheduled to commence on site in September 2015 with completion targeted for Autumn 2016.