Edgbaston residential scheme tops out
Birmingham 's largest 'build to rent ' (BTR) development outside the city core has topped out.
Cllr Ian Ward, leader of Birmingham City Council, joined PATRIZIA - owner and developer of the scheme next to Edgbaston Stadium - to mark the construction milestone.
The 375-apartment scheme is on an 8.6acre site fronting Edgbaston Road and Pershore Road.
It will deliver high specification new homes to rent for a wide demographic, from studios to three-bed apartments, all set around a private podium garden designed by award-winning landscape architects.
Amenities include a stunning roof terrace for outside entertainment, residents ' gym, 340 parking spaces and 200 secure cycle storage spaces.
In addition, around 15,000 sq ft of new retail and leisure space will be created on the ground floor to link in with Warwickshire Country Cricket Club 's new entrance plaza and landscaping scheme around its home of Edgbaston Stadium.
Cllr Ward said: “This exciting new development brings city centre standard accommodation to Edgbaston, creating a new rental hub and offering a real alternative for those looking for greener, leafier space.
“As well as delivering much needed homes in a sought-after postcode, a new entrance plaza to Edgbaston Stadium and landscaped public realm - delivered in time for next summer 's Commonwealth Games - will enhance the environment for both visitors and the local community, cementing Warwickshire CCC 's home as a premier venue for world-class cricket. ”
PATRIZIA is one of Europe 's top 10 real estate investment managers. It has a portfolio of more than 2,000 BTR homes under management or in development in the UK and Ireland, with more than a third of them in Birmingham.
The Edgbaston site is PATRIZIA 's second BTR development in Birmingham, after The Forum, in Southside, which was the first BTR development delivered in the city.
Richard Scutt, development director at PATRIZIA said: “Birmingham has one of the largest private rental sectors outside London and PATRIZIA is at the forefront of delivering homes for this growing community.
“We are long-term investors in cities and always aim to make a positive contribution to communities through our real estate expertise. As well as first class amenities, we will be seeking WiredScore Platinum certification for internet connectivity - a standard more commonly associated with commercial buildings.
“We are also prioritising wellness of residents within the design by targeting Fitwel certification, an international standard of rating a building based on its occupiers ' health.
“The building will also achieve a Homes Quality Mark certification, making it one of the first BTR developments to obtain this accreditation, attesting to high standards of build, running costs, health and wellbeing, and sustainability. ”
The development is designed by leading architects CRTKL and the principal contractor is Winvic. Construction will complete in Q4 2023.
Pictured (left to right): Hans Haug, PATRIZIA; Cllr Ian Ward; Dan Williams, PATRIZIA and Mark Jones, Winvic