Market Leads & Opportunities
£136m secured for 551 new apartments near the Bull Ring
A £136m forward funding deal has been agreed, that will deliver 551 new homes on Sherlock Street in Birmingham, 500m from the Bull Ring shopping centre.The scheme by Watkin Jones will be its largest build to rent development to date. Working with investor Get Living, the plans feature one, two and three-bed apartments, 47 of which will be ‘affordable’.Residents will also benefit from social lounges, a gym, co-working spaces as well as 16,500 sq ft of ground-floor commercial space available.The neighbourhood will be managed and operated by Get Living on behalf of its investors, with the final phase of the scheme expected to complete in 2025.Get Living was advised by BCLP and Colliers. Watkin Jones was advised by Addleshaw Goddard.
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