A key site on the edge of Birmingham’s £1 billion southern gateway regeneration zone has been acquired by one of the UK’s fastest growing property development companies.
All Saints Living has bought Westminster Works and proposes creating 253, high quality one and two bedroomed apartments for private rent. A planning application has been lodged with the city council and a decision is expected early next year. If approved, construction could be underway in the summer.
Part of the Tyneside based High Street Group of Companies, the developer has just commenced work on Newcastle’s tallest building – the 26 storey Hadrian’s Tower. And with similar schemes in Milton Keynes, Warrington and Salford, the company is engaged in the creation of around 800 apartments on developments valued in excess of £200 million. The group posted profits of £26 million in 2016.
All Saints Living Director, Keith McDougall, said:
“Located close to the proposed high-speed rail network linking Birmingham and London, Westminster Works is an ideal base for commuters to the north and south. It will offer city living within a vibrant new neighbourhood, centred around a newly created public space – Moat Square.”
“Birmingham is identified by overseas investors as a source of opportunity, with major strategic developments backed by investors from around the globe. The city is rich in heritage with an established economy and excellent transport links. World-class culture, vibrant night-life, award-winning dining, fantastic shopping and acclaimed architecture are all to be found here.”
“I am sure there will be huge demand from people wanting to buy these homes and those wanting to rent them.”
On the corner of Alcester Street and Moseley Street, adjacent to the Paragon Hotel, Westminster Works is a key brownfield redevelopment site in the Digbeth area. The abandoned industrial buildings currently occupying the site will be demolished to make way for the eight storey structure.
Architects Glancy Nicholls’ proposal aims to revive the area through considered detailing, reflective massing and a celebration of material and craftsmanship which are the hallmarks of Digbeth’s trading past.
The development shows reverence to the industrial heritage; seeking to re-establish the warehouse architecture that is seen in much of Digbeth’s urban grain and land use. The striking use of dark masonry provides a solid distinctive building that avoids taking focus from its prominent red brick neighbours.
With its headquarters in Cuthbert House, Newcastle, The High Street Group was established by successful entrepreneur Gary Forrest in 2004. It has grown to become a leading financial and property group employing over 100 people in activities including large scale property development and construction, hospitality and leisure.