Watkin Jones has received a green signal for its biggest build-to-rent scheme to date in the center of Birmingham.
Glenn Howells Architects has designed the 30-storey Makers’ Yard scheme and will include 551 apartments, 47 of which will be affordable.
Alex Pease, Chief Investment Officer of Watkin Jones, said: “This decision marks the growing recognition of BtR’s role in creating sustainable new homes, and our expertise in delivering a strong pipeline of landmark places across the UK.
“I’m thrilled that we can now get on and start building this fantastic scheme, which is already attracting strong interest from institutional investors.
“Birmingham’s dynamism and central location puts it in a really strong place to grow after the pandemic. But to keep cities desirable as places to live we must continue to attract long-term institutional investment into creating homes that offer an amazing living experience.”