Birmingham approves £175m BTR tower

Birmingham City Council has approved plans for a £175m GDV build-to-rent tower at 90-97 Broad Street. The 47-storey tower will become the street’s tallest building at 145m. The Regal Property scheme has been designed by Glancy Nicholls and will feature 525 homes, with a mix of 229 one-beds and 296 two-beds. Regal Property’s approved scheme includes 14,000 sq ft of amenity space including co-working spaces, gym and yoga facilities, cinema room, private dining, events room, arcade games room, a nursery/crèche, and what will be the highest sky lounge in the city. Regal Property Group Living chief executive Mark Holbeche said: “We are continuing with our vision of developing landmark projects across the city, having already delivered 1,000 residential units at landmark schemes such as at the Bank on Broad Street and South Central in Chinatown. “The decision today also supports the continued supply of a true mix of residential products for Birmingham and adds a unique landmark to the ever-growing Broad Street skyscraper cluster.” Check out more Birmingham planning decisions >> Image via BNP PRE