Joint venture partners Galliard Homes and Apsley House Capital have received planning consent to build more than 750 new homes on a derelict site on Birmingham’s Main Line Canal.
The decision paves the way for the £165 mln urban regeneration scheme, which will also comprise over 10,000 sq ft (929 m2) of commercial space, new public realm, parks and gardens, and shared amenity spaces.
Called Soho Wharf, the scheme has been designed and master-planned by Claridge Architects.
Stephen Conway, Executive Chairman of Galliard Homes, said: 'Our vision for Soho Wharf is to deliver a residential-led, mixed-use scheme that will be truly transformative for Birmingham.'
The joint venture between Galliard Homes and Apsley House Capital was formed in 2016 with the aim of acquiring brownfield sites in the West Midlands to provide quality mixed-use schemes. The partnership has already amassed a sizeable portfolio, with five sites in Birmingham, with a gross development value in excess of £500 mln.
In addition to Soho Wharf, the sites include Timber Yard in Southside, St Paul’s Quarter in the Jewellery Quarter, Belgrave Middleway, and B1 Summer Hill Way.