Birmingham City Council has backed the plans from two companies to build thousands of new homes across the city.
In an joint venture partnership Galliard Homes and Apsley House Capital plan to build up to 3,000 homes in Birmingham as part of it’s wider West Midlands plans, building mixed-use schemes on brownfield sites.
Waheed Nazir, Birmingham City Council’s director of economy, responsible for planning, regeneration, economic development, housing and education, said: “Galliard Homes has a proven track record of delivering high quality residential developments in London and the South East and its decision to partner with Apsley House Capital to expand its portfolio into Birmingham is a major boom for the city.
“We welcome the opportunity to work with private housing developers who support our ambitions and we look forward to fostering a long and successful relationship with Galliard Homes and Apsley House Capital.”
So far the partners have acquired five sites in the city with a gross development value of around £500 million. Sites include Pershore Street, in Birmingham’s Southside district, where the Council’s Planning Committee have granted to build 379 apartments, plus 9,257 sq ft of ground floor commercial space.
In the Jewellery Quarter two sites have been acquired, including the four-acre AE Harris premises, where Galliard and Apsley are planning to build more than 320 apartments, plus 100,000 sq ft of mixed-use space, and B1 Summer Hill Way, another four-acre site which is to be developed into a residential scheme of around 550 homes, called Camden Yard.
The other two sites are Soho Loop, a 12-acre plot on Birmingham’s Main Line Canal, where they have plans to deliver 110 houses and 650 apartments, and a proposed scheme of 700 residential units and 160,000 sq ft of retail space on Belgrave Middleway. Planning applications have yet to be submitted for both of these developments.
Stephen Conway, executive chairman of Galliard Homes, said: “We share Birmingham City Council’s ambitions to provide high quality and affordable housing for the city’s growing population.
“Working in partnership with the council and other stakeholders, we are committed to helping the city achieve its goals though the delivery of both new homes and commercial and leisure space.
“Birmingham is continuing to undergo a major transformation that will have a lasting positive impact on the city for decades to come. It is refreshing to see and work with someone who has so much drive and passion for what he does. Waheed is a credit to the city.”
Gerard Nock, chairman at Apsley House Capital, added: “Birmingham is a city with huge potential that is now being realised, thanks to the forward thinking, proactive approach taken by Birmingham City Council.
“Key infrastructure projects such as HS2 and the Metro extension, coupled with investment in housing and regeneration, have made the city ripe for investment and an attractive proposition for investors and developers alike.
“Working in partnership with Galliard Homes, we’re proud to be playing our part in the future development of Birmingham.”