Seven Capital targets Southside with latest residental scheme

RESIDENTIAL developer Seven Capital is set to expand its presence in Birmingham with a new apartment scheme in Southside.

The company has lodged a planning application with Birmingham City Council to develop a three-to-six storey apartment block on land within the Wrentham Street, Kent Street and Gooch Street North triangle.

Should the scheme, dubbed Madison House, receive planning permission it will see the developer significantly increase its Birmingham property portfolio.

The developer is currently at the forefront of a campaign to regenerate some of Birmingham’s most well-known buildings and bring them back into viable use.

It is already committed to the redevelopment of the former Harrison Drape building in Bradford Street, Digbeth, which is set to be transformed into 313 luxury studio, one and two-bedroom apartments, with the building retaining its original 19th-century façade.

Its refurbishment of the 1960s 12 storey Auchinleck House office block at Five Ways, complete with new Park Regis Hotel, is nearing completion and is close to its other residential development, the One Hagley Road apartment block.

The latest scheme involves redeveloping land currently left derelict following the urban decline in the Southside area, characterised by the closure of many of the city’s former industries.

Many existing buildings in the immediate have been allowed to decline into a state of disrepair, the most prominent example being Priory House, a seven-storey commercial building on the junction of Kent Street and Gooch Street North.

The block would contain 141 apartments, with a mixture of one, two and three bedroom flats.