About the Project
High Street Residential acquired and then sold a large residential development site on Silbury Boulevard in Milton Keynes in August 2017. This prestigious PRS scheme was our first of this kind, and has been sold to Grainger PLC in a multi-million pound forward-funding and development deal. The development involves the demolition and replacement of the 2 existing office buildings with a 7 storey block of 139 exclusive apartments. Planning permission was achieved on the basis of a Private Rental Apartment scheme.
The Design and Build team was appointed and commenced on site in October 2017. Milton Keynes is one of the country’s most rapidly expanding cities, with a population in excess of 200,000. Junctions 13 and 14 of the M1 motorway are easily accessible via the dual carriageway network to the east, and there is a fast inter-city rail service to London (Euston), Birmingham and the North.
The property is situated in a prime central business district location with main boulevard frontage. Nearby occupiers include Santander, Deloitte, Home Retail Group, Transport Catapult Systems and BP Mobil.