{"id":3638,"date":"2019-03-04T15:35:27","date_gmt":"2019-03-04T15:35:27","guid":{"rendered":"https:\/\/cita.co.uk\/news\/?p=3638"},"modified":"2019-03-04T15:35:27","modified_gmt":"2019-03-04T15:35:27","slug":"build-to-rent-specialist-to-invest-300m-in-birmingham","status":"publish","type":"post","link":"https:\/\/cita.co.uk\/news\/build-to-rent-specialist-to-invest-300m-in-birmingham\/","title":{"rendered":"Build to rent specialist to invest \u00a3300m in Birmingham"},"content":{"rendered":"<p>Build to rent specialist\u00a0High Street Residential has paid \u00a319m for a Birmingham site to deliver 580 flats, giving it a \u00a3300m pipeline of four schemes in the city.<\/p>\n<p>The firm is now drawing up plans for a \u00a3133m development of two buildings, one rising to 19 storeys and the other seven storeys, on the\u00a0site of the former Kent Street Baths.<\/p>\n<p>When combined with projects planned in partnership with local developer &#8211; Taylor Grange Developments \u2013 at Holloway Head, close to the Mailbox retail centre and in Moseley Street, Digbeth, the deal paves the way for High Street Residential to deliver up to 1,300 apartments in Birmingham.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"128602\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Felfinkitchens.co.uk%2F%3Futm_source%3DConstruction%2520Enquirer%26utm_medium%3DMPU%26utm_campaign%3D100718%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/Elfin_Construction-Enquirer-mpu_cyan-300x250-5.gif\"\/><\/a><\/div>\n<\/div>\n<p>Gary Forrest chairman of The High Street Group of Companies \u2013 which includes High Street Residential &#8211; said:\u00a0 \u201cAlmost 19% of the UK population is renting privately and this figure is expected to grow significantly.\u00a0 In response, we are creating high quality living spaces, future proofed through the use of the latest smart technologies.<\/p>\n<p>\u201cOur developments will support the huge regeneration initiative underway in the south of Birmingham, providing attractive homes for those working in modern jobs being created by a fast developing hi-tech sector.<\/p>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"95430\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.nasc.org.uk%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/NASC scrolling ads for Construction Enquirer.gif\"\/><\/a><\/div>\n<\/div>\n<p>High Street Residential is developing or planning a string of similar PRS initiatives in major UK cities.<\/p>\n<p>In total, these projects have a gross development value of over \u00a31bn and would create more than 3,000 apartments for private rent.<\/p>\n<div class=\"break-out-box\">\n<h3>High Street Residential private rental schemes<\/h3>\n<h4>Planned<\/h4>\n<ul>\n<li>The Kent Street Baths site in Birmingham \u2013 \u00a3133m project to create 580 apartments in two complexes<\/li>\n<li>Moseley Street, Digbeth, Birmingham \u2013 \u00a350m, eight-storey development of 220 units<\/li>\n<li>Holloway Head in Birmingham \u2013 \u00a3120m initiative comprising 500 apartments over 17 storeys<\/li>\n<li>Trafford, Manchester \u2013 \u00a322m, ten storey, 156 unit development<\/li>\n<li>Warrington City Centre \u2013 a \u00a346m eight storey, 362 unit project<\/li>\n<li>Brett Wharf in Gateshead \u2013 around 220 apartments in a \u00a335m riverside development<\/li>\n<li>Pottery Lane, Newcastle \u2013 proposals for 270 flats in a \u00a336m development on land between the Centre for Life and the River Tyne \u2013 which has been earmarked for regeneration<\/li>\n<\/ul>\n<h4>In construction<\/h4>\n<ul>\n<li>Silbury Boulevard, Milton Keynes \u2013 a \u00a330m investment creating a seven storey facility containing 139 apartments.<\/li>\n<li>Newcastle\u2019s tallest building, the 27 storey Hadrian\u2019s Tower in Rutherford Street \u2013 a 127 unit, \u00a346m scheme<\/li>\n<li>Middlewood Locks in Salford \u2013 a \u00a326m, nine storey, 127 unit development<\/li>\n<\/ul>\n<\/div>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"122797\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=http%3A%2F%2Fwww.google.com%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"\"\/><\/a><br \/>\n<SCRIPT language='JavaScript1.1' SRC=\"https:\/\/ad.doubleclick.net\/ddm\/adj\/N6250.2036112CONSTRUCTIONENQUIRE\/B22323192.240763326;sz=300x250;ord=[timestamp];dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=?\"><br \/>\n<\/SCRIPT><\/div>\n<\/div>\n<p class=\"p1\">\n<div class=\"ad-mpu ad-mpu-inline\">\n<div class=\"sleeve\"><a data-ad-id=\"209475\" href=\"http:\/\/www.constructionenquirer.com\/wp-content\/themes\/constructionenquirer\/adclick.php?url=https%3A%2F%2Fwww.faset.org.uk%2Fmembers%2Ffaset-member-list%2F%3Futm_source%3Dconstruction-enquirer%26utm_medium%3Dbanner%26utm_campaign%3Dconstructionenq-ads\" onclick=\"track_ad_click(this);\"><img decoding=\"async\" src=\"http:\/\/www.constructionenquirer.com\/wp-content\/uploads\/CE_FASET-MPU_FEB19.gif\"\/><\/a><\/div>\n<\/div>\n<p>from Construction Enquirer https:\/\/ift.tt\/2VBBmqv<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Build to rent specialist\u00a0High Street Residential has paid \u00a319m for a Birmingham site to deliver 580 flats, giving it a \u00a3300m pipeline of four schemes in the city. The firm is now drawing up plans for a \u00a3133m development of two buildings, one rising to 19 storeys and the other seven storeys, on the\u00a0site of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":149,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[9],"class_list":["post-3638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-construction-enquirer"],"_links":{"self":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/comments?post=3638"}],"version-history":[{"count":1,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3638\/revisions"}],"predecessor-version":[{"id":3639,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/posts\/3638\/revisions\/3639"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media\/149"}],"wp:attachment":[{"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/media?parent=3638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/categories?post=3638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cita.co.uk\/news\/wp-json\/wp\/v2\/tags?post=3638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}