A development site, Arden Cross, has been identified for the location for the High Speed Rail Interchange Station.
Arden Cross, situated on Junction 6 of the M42, will be a mixed-use development and can accommodate up to 2.65 million sq ft of high quality commercial space, more than 2,000 new homes and a combination of complementary retail and leisure amenities, all set around the HS2 Interchange Station.
Ben Gray, from the Arden Cross Consortium, said: "Arden Cross is a destination at the heart of a network of road, rail and air connections placing over 35 million people in the UK within a two hour travel time.
"The HS2 Interchange Station is only one small part of the overarching vision for Arden Cross, which will incorporate a combination of high quality public realm, commercial spaces suitable for both national and international occupiers and more than 2,000 new homes, all supported by complementary leisure and retail uses to form a brand new urban centre in the heart of the country.
"While we are still in the early stages of the development process, it is hugely exciting for us to be able to unveil the vision for this site and how it can support the UK Central vision for the continued economic prosperity of the region and UK as a whole."
An important element of the HS2 development, the Interchange Station will be the first stop on the line outside London, forming a central node of the national high speed rail project with unparalleled links to the UK's major cities and an estimated 21,000 passengers a day using the station in 2026.
Councillor Ian Courts, Cabinet Member for Managed Growth and Deputy Leader of Solihull Council, said: "The launch of Arden Cross is a key milestone in the journey of development plans around the High Speed Interchange site and plans around Solihull's UK Central 'Hub' area, capitalising on proximity to assets such as Birmingham Airport, the National Exhibition Centre and Jaguar Land Rover.
"The development will attract international interest from world class businesses and has the capacity to deliver over 20,000 jobs, building on the area's track record in delivering strong economic growth and contributing to its future success."
Arden Cross is being delivered by the Arden Cross Consortium of land owners and is a key part of UK Central, a vision for the economic prosperity of the region supported by the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP), the West Midlands Combined Authority and Central Government.