Of­fices ear­marked to be­come 500 new homes

Birmingham Post - - COMMERCIAL PROPERTY -

MORE than 500 new homes are set to be built on the edge of the Jew­ellery Quar­ter fol­low­ing a land deal.

Joint ven­ture part­ners Gal­liard Homes and Ap­s­ley House Cap­i­tal have ac­quired a four-acre site on the cor­ner of Sum­mer Hill Road and Ick­nield Street from Bri­tish Air­ways Pen­sion Fund for an undis­closed sum.

The com­plex is cur­rently oc­cu­pied by a two-storey of­fice block and car park and is used by Birm­ing­ham and Soli­hull Men­tal Health NHS Foun­da­tion Trust.

The joint ven­ture team said it was plan­ning a res­i­den­tial scheme of more than 500 new homes at the site which will be called Cam­den Yard.

It ex­pands Gal­liard’s foothold in Birm­ing­ham where they are work­ing on res­i­den­tial projects at Soho Loop off Dud­ley Road, the AE Har­ris fac­tory site in the Jew- ellery Quar­ter and South­side. Plan­ning per­mis­sion was granted for 379 apart­ments in the lat­ter in a project called Tim­ber Yard.

Stephen Con­way, ex­ec­u­tive chair­man of Gal­liard Homes, said: “This is the fourth site we have ac­quired in Birm­ing­ham.

“We have around 2,000 new homes with a gross de­vel­op­ment value in ex­cess of £500 mil­lion in the pipe­line for the city and are look­ing for­ward to start­ing work on the first of these be­fore the end of this year.”

Ap­s­ley House Cap­i­tal di­rec­tor Robin Norstrom added: “The site is a sig­nif­i­cant gate­way into the Jew­ellery Quar­ter and our sec­ond here fol­low­ing our ac­qui­si­tion of the AE Har­ris site.

“We are huge fans of this his­toric district and our hold­ings will make us the big­gest res­i­den­tial de­vel­oper in the area.”

>The of­fice com­plex at the cor­ner of Sum­mer Hill Road and Ick­nield Street is set to be trans­formed into 500 homes

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