Developer snaps up Birmingham site

A property developer has snapped up the last remaining plot of land in a prominent location in Birmingham.Stripe Property Group has acquired a plot on the corner of St Pauls Square, adjacent to Henry Wongs restaurant.The site has planning permission for a four-storey building, including retail or commercial use on the ground floor with four large, luxury two-bedroom apartments on the three floors above.Managing director James Forrester said: “Our latest acquisition has been just one in a string of strategic investments designed to bring quality commercial and residential development to the heart of Birmingham.”The city has undergone a huge level of regeneration in recent times and our aim has always been to compliment the changing face of Birmingham by delivering high-quality real estate, designed for local businesses and residents alike.”The site on the corner of St Pauls Square will certainly help achieve this and we are now ready to bring our vision for this plot to fruition.”The deal was brokered by commercial agent Siddall Jones.Managing director Ed Siddall-Jones added: “Stripe Property Group has acquired a prime development site in one of Birmingham’s most desirable addresses with far reaching views over St Pauls Square, as well as being within walking distance of the city centre and Jewellery Quarter.”The scheme, which was developed by The Space Studio architects and designers, retains the industrial heritage of the location while drawing on modern architectural features with plenty of space and natural light.”