The High Street Group of Companies has struck a partnership deal with Taylor Grange Developments, the site's owner, to develop around 500 one-, two- and three-bedroomed apartments. Planning permission is already in place.
The Newcastle-based High Street Group now has a portfolio of proposed projects with a gross development value (GDV) of more than 拢600m.
The partnership is already working on a similar proposal in Digbeth 鈥� a 拢50m development of eight storeys and 220 apartments.
High Street Group PRS projects already under construction include the 拢30m Silbury Boulevard in Milton Keynes, a seven-storey building with 139 apartments that Grainger has agreed to forward fund and acquire.
Also being built is the 拢46m Hadrian鈥檚 Tower in Newcastle, a 26-storey project that will become the city鈥檚 tallest building and provide 162 apartments.聽
Meanwhile, the completion of a deed of variation on another Birmingham site 鈥� Westminster Works in the Curzon Street area of the city鈥檚 improving southern gateway 鈥� brings development there a step closer.聽 This 拢57m project will deliver an eight-storey, 254 apartment complex.
Construction is also expected to start this summer on a 拢26m, seven-storey building known as Middlewood Plaza in Salford.
Other High Street Group projects include Cheshire Junction in Warrington 鈥� a 拢46m eight-storey, 362-unit development, and a 拢22m, eight-storey development in Trafford, Manchester with 142 units.
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