“Having greener, more attractive outdoor spaces also creates opportunities for enhanced street level interaction, such as open-air dining.” “Promoting active commutes improves wellbeing, while local businesses benefit from increased footfall,” says Walid Goudiard, JLL’s Head of Project and Development Services for EMEA Work Dynamics. This will also enable the site to be developed in four phases, providing additional financial and logistical flexibility. To do this, it will have to progressively implement a new street grid over what was once the site of a large wholesale market with no connections from one side to another. In the U.K., the £500 million ($634 million) Birmingham Smithfield redevelopment will create public spaces and commercial developments, plus 2,000 new homes, all linked by new green streets that give priority to pedestrians and cyclists. “CBDs need to transform from primarily places of work towards being vibrant amenity rich, multi-purpose destinations with a greater focus on ESG,” says Ryan.īreaking up blocks by adding in public squares, pedestrian alleys, cycle paths and biodiversity corridors creates better access within previously dense sections of the city, while less traffic helps improve air quality. It’s a counter to the ageing infrastructure, obsolete office stock and peoples’ desire for shorter commutes that are adding to challenges for traditional CBDs, according to JLL’s Future of the Central Business District Report. “This is the kind of integrated business and residential district that we’re seeing start to crop up in cities around the world.” “It’s been designed as the ultimate urban focal point, with an emphasis on wellness, sustainability, and smart technology,” says Phil Ryan, Director of City Futures, Global Insight at JLL. The sprawling district in the country’s capital city aims to include new offices, a retail quarter, luxury homes and hotels, an entertainment arena, and plenty of open green spaces all within easy reach of the public transportation system.
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