John Tebbutt, development consultant at BPG, said: “With close proximity to both the city centre and the new HS2 station, the development will prove highly attractive to both investors and owner occupiers alike.”
Knight Frank has been advising Solihull-based developer BPG throughout the process.
Mark Evans, head of regional residential development and investment at Knight Frank, added: “Birmingham Southside is currently undergoing a huge amount of exciting regeneration and redevelopment, which is totally transforming this part of the city centre. These latest proposals will deliver an additional 456 homes for Birmingham, and will be a catalyst for further investment. With travel between London and Birmingham set to become even faster and more convenient thanks to HS2, regional city centre developments like these will be in high demand. ”
Charles Gillett of Pennycuick Collins who has been advising the land owner The Gooch Estate said: “We are delighted to have concluded another substantial site disposal to BPG.”