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£30m of housing developments underway in Birmingham

Plans for two new city centre developments totalling almost £30m have been given the go-ahead by Birmingham City Council.

The developments by Seven Capital will begin work immediately and see the transformation of a derelict plot near Broad Street into Granville Lofts plus a vacant site near The Cube called Ridley House.

Both developments will consist of one- and two- bedroom flats and will be on sale early in 2016, with completion expected later that year.

Phil Carlin, Managing Director of Seven Capital, said: "The demand for new residential properties in the West Midlands is significant and our on-going commitment to the region addresses this.

"We value a strong working relationship with Birmingham City Council's planning department and appreciate its continued support as we further add to city centre living options for the growing number of residents.

"2016 is going to be a busy year for us with around 1,500 units either completing or starting onsite across the city."

The combined area of both schemes is 126,247 square feet, adding to the huge pipeline of developments under construction by Seven, which now extends to well in excess of one million square feet.

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