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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

UNCOVERED: New owner for 27 storey development site - The Untold Story

Birmingham London

A residential rental business has acquired a prime development site in Birmingham city centre. London-based Outpost Management has bought 'Lower Essex Square' in the city's Southside district, in a joint venture with funder BlackRock Alternatives.

The land, bordered by Lower Essex Street and Hurst Street, has consent for a 628-apartment development which was secured last year by the joint venture seller, Apsley House Capital and Galliard Homes.

The 557,000 sq ft scheme, designed by Claridge Architects, will include 306 one-bedroom, 295 two-bedroom and 27 three-bedroom apartments for rent, with 20,000 sq ft of ground floor commercial and amenity space.

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