The city has the youngest population in Europe with 40% under the age of 25-years old and 75% under 35 years old owed partly to its graduate retention rate from its world class institutions, currently at 50%. With its young population there is an undersupply of new homes with 89,000 additional homes required to meet its growing demand.

The Smithfield Masterplan is £1.9 Billion regeneration scheme, a once in a generation transformation. The regeneration project will be pivotal in the wider, long-term regeneration of Birmingham. The scheme will provide a new home for the city’s historic Bull Ring markets, outstanding new leisure and cultural spaces, including a festival square and landscaped park, integrated public transport, and thousands of new community facilities.

The new high speed rail network HS2 is expected to be completed from 2029 and will link Birmingham's Curzon Street Station to London with a travel time of 49-minutes.

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