Nikal revises key Midlands project
NORTH West property developer Nikal has submitted a planning application for the second phase of its mixed-use Masshouse development in Birmingham.
The Manchester-based developer has opted to revise the original planning permission, granted in 2008 following changes to the wider economic climate and the announcement of a number of key infrastructure changes within the city.
While the quantum of space and its uses remain unchanged – with 650,000 sq ft of Grade A commercial space, retail and a 200 bed hotel and apartments, all set around a new central square – several key amendments have been made.
The new public square has been relocated from the centre of the site to the edge, with one side open to Priory Queensway. The office buildings themselves have also been reconfigured, offering larger floorplates across fewer floors.
Nikal’s development director James Payne said: “Our original scheme was conceived in a very different economic climate and in order to ensure that we are delivering a new commercial district fit for the future demands of the city, we have made changes to our consented scheme that will still ensure exemplary space whilst focusing on satisfying future market demand and quicker delivery.
“One of the key alterations sees movement of the proposed square that will open up the development, creating a more inviting environment and enhances the pedestrian route connecting the City Park and HS2 to the Colmore Business District and Snow Hill area.”
Revisions have also been made to the application in order to ensure that it takes full advantage of Birmingham City Council’s Big City Plan, which had not been implemented when the original permission was granted.
Nikal is hoping that permission will be received by September.
Founded by Nick Payne with the backing of paper tycoon Alan Murphy, Nikal is currently involved in the Soapworks development near Salford Quays.
