Post Office Redeveloped Into Apartments
A former post office building in Birmingham’s Jewellery Quarter will be redeveloped into a new state-of-the-art apartment complex. The Lionel House build-to-rent (BTR) scheme will comprise 156 one-bedroom, 90 two-bedroom and 13 three-bedroom apartments.
Moreover, the 14-storey building will also include landscaped roof terraces, ground floor communal areas for residents, a 17-space car park and cycle storage for every apartment. Construction work will begin on the site in June 2019, with plans to have the development ready for occupation by summer 2021.
“Another contract win in Birmingham’s Jewellery Quarter brings our total current multi-room projects to eight, and we always feel fortunate to work with new clients who have recognised our enthusiasm and expertise. We are looking forward to commencing this 14-storey, 259 apartment scheme later in the year,” said Mark Jones, Winvic Construction’s Director of Multi-room, the company that landed the contract.
The project is being delivered on behalf of Lionel House Developments Ltd and Aberdeen Standard Investments (ASI).
“The location, on the edge of both the vibrant Jewellery Quarter and the central business areas, make this a fantastic location for build-to-rent. We’re enthused about the deal, as it represents ASI’s first UK investment for its pan-European ASPER fund, but also because we’re working with Stamford Property Developments and Winvic, two experienced and well respected companies in the sector,” added ASI’s Ed Crockett.