Alex Pease, Chief Investment Officer of Watkin Jones, said: “This decision marks the growing recognition of BtR’s role in creating sustainable new homes, and our expertise in delivering a strong pipeline of landmark places across the UK. I’m thrilled that we can now get on and start building this fantastic scheme, which is already attracting strong interest from institutional investors.
“Birmingham’s dynamism and central location puts it in a really strong place to grow after the pandemic. But to keep cities desirable as places to live we must continue to attract long-term institutional investment into creating homes that offer an amazing living experience.”
Sandeep Shambi, Partner, Glenn Howells Architects said: “We are delighted with the decision to grant planning permission for our Maker’s Yard project. Located adjacent to Smithfield and the visionary Rea Valley Urban Quarter, the surrounding area is due to be transformed in the coming years to provide a truly sustainable and desirable neighbourhood.
“At the centre of the scheme is a 'village square' serving as the community Hub and housing a range of amenities for residents, such as a gymnasium and yoga studio, a range of lounge spaces and flexible workspace. This generous amenity offer is reinforced by a vibrant, high quality landscape design, which is inspired by the rich, industrial heritage of the site.
“A series of connected green spaces is offered for the private and communal use of the residents, in the form of courtyards, roof terraces and gardens. Each will offer a place to play, unwind, work and socialise.”
Watkin Jones is maintaining an ongoing dialogue with the local community and the scheme is expected to complete by 2025.