Planning permission for PATRIZIA Immobilien AG £85m ‘Edgbaston Residences’ build-to-rent (BTR) scheme in Birmingham has been granted. The single-property scheme will comprise 375 high-quality apartments, with approximately 20,000 sq ft of retail and leisure space on the ground floor.

Daniel Williams, Head of Development UK at PATRIZIA, said: “This new development will address Birmingham’s urgent need for first-rate rental accommodation whilst also providing an attractive offer for local residents, as well as for those visiting Edgbaston Stadium.

“The provision of new homes is paramount for local and national talent looking to live and work in Birmingham, and this development provides just that.”

Construction is expected to complete in 2022.

Neil Snowball, Chief Executive of Warwickshire CCC, said: “By delivering new apartments and commercial opportunities for cafes and restaurants, this development project will transform the area around Edgbaston Stadium and make it a destination for people to visit 365 days each year.

“We’re also delighted that the approval of these plans enables the club to benefit from a new entrance plaza, which will provide a much warmer and impressive welcome to all visitors, whilst the reconfiguration of the car park and new landscaping will provide greener, contemporary surroundings for the stadium.

PATRIZIA acquired the site, adjacent to the iconic Edgbaston Cricket Stadium and close to the University of Birmingham, Queen Elizabeth Hospital and Birmingham Life Sciences Park, which all support demand for high-quality accommodation in the area, in 2017.