Developer reveals plans to create 250 Birmingham homes

The developer of a luxury Jewellery Quarter residential scheme says it has three more schemes in the pipeline which will provide up to 250 homes in the area.

Engine Brother Capital revealed the news at the launch of Coinpress Residences, which are being built on Icknield Street in Hockley.

Director of Engine Brother, Ethan Li said: “We are very excited to be introducing quality homes to this historic location that beams culture, art and a busy social scene. We have three developments in the pipeline and our aim is to provide 200-250 homes for local residents in the next 2-3 years.”

Andy Street, Mayor, said@ “Thank you to Engine Brother for your confidence in making your investment today and your efforts in wanting to protect the quality and character of the area as it redevelops. There is an enormous challenge around housing; we need 250,000 homes by 2031. That’s what required on the back of the growth for the younger people coming in, we have the largest influx of people moving here than anywhere else in the UK now.”

Li added, “This city is one of the most entrepreneurial and diverse in the UK with a young and growing population. Over one third of the population is under 25, making Birmingham the youngest city in Europe. After studying here for my degree, I can see Birmingham has an exciting future for business and the economy.”

Coinpress Residence will be ready for first phase occupation in Autumn 2020.

Knight Frank and Maguire Jackson have been appointed as the sales agents.