North East property specialists combine to deliver £50m West Midlands apartment development
The High Street Group has appointed North East-based national construction group Metnor Construction to deliver a £50m build-to-rent apartment development in the heart of Birmingham.
Following the completion of site preparation works on the site, known as Westminster Works, in the Digbeth area of the city, Metnor will embark on the 24 month build programme from later this month and is expected to be complete in Q4 2022.
The 220 build-to-rent apartment development is located in a vibrant neighbourhood within a £1 billion regeneration zone less than a mile from Birmingham’s New Street Station.
Featuring a mix of one and two-bedroom open plan apartments configured around a central courtyard, the eight-storey building will offer a concierge service, and residential gym along with car parking and cycle storage.
Westminster Works marks the first development project between The High Street Group and Metnor Construction. Metnor has designed and built a range of modern, high specification, multi-room developments across the UK, delivering more than 4,600 bedrooms with additional accommodation services.
The development is part of an extensive £1 billion Gross Development Value portfolio of projects being delivered by the High Street Group, creating new sustainable communities in key locations across the UK. In addition to developments in Manchester and Newcastle, The High Street Group has a particular focus on Birmingham. In addition to Westminster Works, has an extensive pipeline of other large residential developments within regeneration areas in Birmingham, Manchester and Newcastle.
Gary Forrest, Chairman of The High Street Group, said: “We are really pleased to reach an agreement with Metnor Construction to deliver Westminster Works. Collaborating with other North East businesses is always welcome and I am looking forward to seeing the Westminster Works take shape and contribute to our Birmingham development portfolio.
“Birmingham presents a real opportunity for investment and development in high quality Private Rental Sector and mixed-use schemes that create long-term sustainable communities in the city and supports the wider regeneration and investment the area is experiencing. We are very proud to be playing a part in the future of the city, creating much needed high-quality homes for local people.”
Metnor CEO Chris Cant said this: “As a business we have been watching with admiration some of the amazing projects that HSG continue to develop both in our region and further afield. It has been a major part of our growth strategy to become a partner with HSG, and both our team and theirs have been working tirelessly over the past 6 months or so to make this happen. We have been incredibly impressed with HSG’s professionalism and enthusiasm for the local economy and the built environment, helping create wonderful spaces for local communities and we are absolutely delighted and thankful to have been awarded this exciting scheme, which the whole Metnor Group will be actively engaged in delivering.”
NEWS RELEASE: ISSUED ON BEHALF OF HIGH STREET GROUP
For further information contact Jamie Collis 01325 363436
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