400 new apartments to be built in Southside quarter
UP TO 400 new apartments are to be built in Birmingham’s Southside district after a land deal was agreed.
A joint venture between developer Galliard Homes and funder Apsley House Capital has bought the leasehold of a car park on the corner of Skinner Lane and Hurst Street to build 385 units.
It is expected the development will have a mix of apartments ranging from one to three bedrooms.
The land was previously owned by The Gooch Estate which is behind several other developments in the Southside area through its Benacre Properties arm.
It also recently sold land off the A38 Bristol Street to be redeveloped into a new 15-storey apartment complex containing around 500 units, expect- ed to be called Kent Street Baths. This is the first investment in Birmingham by London-based Galliard and a planning application for the development is due to be lodged within the next six months.
Chartered surveyor Pennycuick Collins and law firm Emms Gilmore Liberson acted on behalf of The Gooch Estate.
Charles Gillett, partner at Pennycuick Collins, said: “Land in and around the Southside area continues to remain in high demand, having prospered from significant and sustained investment and redevelopment.
“The proposed mixed-use scheme brings wide-ranging community benefits and will enhance this already vibrant area of the city.”