Moda Living and joint venture partner Apache Capital are about to launch a public consultation on their plans to deliver a 720-home build-to-rent scheme in Birmingham.
The consultation on the plans for the 2.6 acre Great Charles Street site will be launched at the end of the month.
Subject to planning, it will be Moda’s second site under development in the city after the 42-storey ‘The Mercian’ BTR tower.
Moda managing director Tony Brooks said: “The consultation we are running will be 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.”
Apache Capital co-founder Richard Jackson added: “We have proven our model of high amenity, highly serviced multifamily housing works with Angel Gardens, where we are above target with lettings, and we aim to bring that standard of quality of build-to-rent development to Birmingham.”
The company has been working closely with Birmingham City Council to draw up its plans.
Ian Ward, leader of the council, said: “We are delighted to see Moda progressing with these impressive plans to transform this long vacant plot in the heart of our city – in our Big City Plan.”