Developer reveals plans for £100m Jewellery Quarter mixed-use scheme

HBD, the development arm of Henry Boot, has revealed plans for £100m mixed-use scheme in Birmingham.

The company has bought a 2.6-acre site in Birmingham’s Jewellery Quarter and says it will look to build a residential-led development.

The site was previously occupied by a Sytner BMW dealership and has been bought from the joint owner, King Edward’s School and Sytner Group.

The deal is part of a double transaction which sees HBD snap up a 150,000 sq ft industrial estate in Skelmersdale, Lancashire from West Pimbo for £4.75m.

Ed Hutchinson, managing director of HBD, said: “These two deals are the latest in a series of acquisitions by HBD, which include a key site in Manchester’s St Johns district and the purchase of 60,000 sq ft in Mabgate, Leeds. All of these latest acquisitions have significant future redevelopment potential and are an excellent strategic fit for our business.”