Council could face £150m deficit on Perry Barr residential scheme
Birmingham City Council could remain £150m in the red on its Perry Barr residential scheme, despite plans to sell 755 apartments to a third party.
Plots 6, 7 and 8, which have been built but never occupied, have been recommended for sale by the council. The former Birmingham City University campus site was initially earmarked for the 6,500 athletes and officials set to arrive in Birmingham for the 2022 Commonwealth Games, but plans were scrapped as the village was not going to be ready in time.
£496.9m has been spent on the sc... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
