Moda and Apache confirm Brum ‘bomb site’ plans
Build-to-rent duo Moda Living and Apache Capital have confirmed plans to develop their second scheme in Birmingham, at the long-stalled “bomb site”.
Last May, EG reported that the partners were in pre-application talks to deliver a large build-to-rent scheme of 700-800 apartments after acquiring the special purpose vehicle for the two-acre site on Great Charles Street.
They have announced plans for a £258m scheme of 720 flats, with public consultation to be held at the end of February.
Build-to-rent duo Moda Living and Apache Capital have confirmed plans to develop their second scheme in Birmingham, at the long-stalled “bomb site”.
Last May, EG reported that the partners were in pre-application talks to deliver a large build-to-rent scheme of 700-800 apartments after acquiring the special purpose vehicle for the two-acre site on Great Charles Street.
They have announced plans for a £258m scheme of 720 flats, with public consultation to be held at the end of February.
It would see their total investment in the city hit £445m, with 1,200 homes in the pipeline.
Tony Brooks, managing director at Moda, said: “The consultation we are running will be an opportunity to view and comment on proposals to regenerate a significant and highly accessible brownfield site on the edge of the Jewellery Quarter. The site, currently a car park, will hopefully be an exciting new neighbourhood in the prosperity of the city.”
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