Construction reaches its peak at city’s newest skyscraper
The construction of the second tower at a landmark development in Birmingham, which will be one of only two residential skyscrapers to measure over 100 metres tall in the city, has been marked at a topping out ceremony.
The Bank, an apartment scheme owned by real estate investment company Aprirose, is being developed by Regal Property Group, constructed by Wates Construction, funded by Aprirose and designed by architect Glancy Nicholls.
It comprises two residential towers, which once complete will contain a total of 406 apartments.
The first tower comprises 189 studio, one and two-bedroom properties, reaching 22-storeys, and is now 96% sold. The first tower was Aprirose’s first major residential development project in the UK and completed last summer.
The second tower is 33-storeys high and will comprise 217 apartments, including one, two and three-bedroom homes. It will be one of only two residential skyscrapers to measure over 100 metres tall in the city and is expected to complete by the end of 2019.
Manish Gudka, CEO, Aprirose, said: “As Birmingham continues to thrive as the UK’s second city, schemes such as The Bank are integral to providing quality housing as the business scene continues to bloom and attract talent to the city centre.
“As The Bank development nears completion we look forward to it becoming not only an iconic addition to the skyline but a part of the fabric of Birmingham. The scheme represents not only a strong investment for Aprirose into a key business destination but a mark of our commitment to Birmingham’s continued growth.”
Deputy Leader of Birmingham City Council, Brigid Jones, said: “This topping out ceremony is the latest proof that Birmingham is a city quite literally on the up. Our city skyline is being transformed and The Bank is one of the exciting developments helping to make Birmingham an even better place to live, work and invest.”
