Property group hails success of city centre apartment complex
The property group behind a Birmingham city centre apartment complex which is scheduled for completion this month have hailed the success of the scheme.
Elevate Property Group said that 28 of the 40 two bedroom apartments at Tennant Street Lofts have been reserved.
Tennant Street Lofts offers a range of two bedroom apartments with prices from £250,000. Ten of the apartments feature a balcony and sizes range from 653 sq ft to 791 sq ft.
Steve Dodd, managing director of Elevate Property Group, said: “Tennant Street Lofts is proving to be the right development in the right location at the right time.
“It is just off Broad Street, some 500 metres from Arena Central where HSBC’s retail banking division is to be located, close to the new HMRC offices and very handy for The Mailbox and Brindleyplace.”
Peter Smith of selling agents Knight Frank said the development was proving popular with Birmingham’s young professionals, buyers relocating to Birmingham, as well as foreign investors.
He said: “Birmingham was ranked in the global Mercer Quality of Living Report 2017 as having the highest quality of life outside of London, and the city is certainly buzzing.
“As well as many major commercial projects coming to fruition in the next two years, we also have the 2022 Commonwealth Games coming to Birmingham, which will put us firmly on the global stage.”
Tennant Street Lofts is Elevate’s fifth Birmingham project and follows Concord House, Queensway House, St Paul’s House and Honduras Wharf.
Rickett Architects and BACE Construction Consultants in Birmingham are working with regional contractor J A Ball to deliver Tennant Street Lofts.
Planning permission was recently granted for the development of 14 apartments in School Road, Moseley, and Elevate is seeking planning permission for a further 125 apartments in Birmingham, with several hundred other units in the pipeline.
