Goldman Sachs has agreed a deal for a permanent office in Birmingham after first coming to the city a year ago. The investment bank and financial management firm has signed up for 110,000 sq ft of space at One Centenary Way, representing nearly half of all the available accommodation at the 280,000 sq ft building.
The new hub will cover five floors of the 13-storey building, including a roof terrace overlooking Centenary Square, and have space for more than 1,000 people in future years if required. One Centenary Way, which topped out in March and is due for completion in early 2023, is the latest office block to be constructed at the £1.2 billion Paradise scheme in Chamberlain Square.
Goldman Sachs launched a new team in the city in September last year at the WeWork flexible office hub in Colmore Row, initially just covering engineering services. Since then, it has filled nearly 250 new positions there, across functions including human capital management, legal, audit and workplace solutions.
