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A residential development site on Hagley Road, Edgbaston, Birmingham, has been sold to WB Property Group, who will deliver the scheme for Citizen Housing.
The 52-unit site, with a gross development value of £16m, includes planning consent for 10 townhouses and 42 apartments, alongside car, cycle, and motorcycle parking. Construction is expected to start shortly, with a programme duration of around two years.
Knight Frank’s Regional Residential Development team acted on behalf of Calthorpe Estates to market the site and secure the buyer.
Steve Wilkes, construction director at WB Property Group, said: “This is one of the most exciting schemes we’ve been involved with to date. It sets a new standard for affordable housing – the architecture, the sustainability, the placemaking, it’s all exceptional. We’re incredibly proud to be working with Citizen Housing and delivering what we believe will become the benchmark for sustainable regeneration and brownfield development in Birmingham.
“We look forward to bringing this ambitious and socially impactful scheme to life, and ultimately creating much-needed high quality, affordable homes for families in the region. Our thanks go to all the partners involved in making this happen, including Knight Frank and Calthorpe Estate.”
Ralph Minott, master planning and development director at Calthorpe Estate said: “This is an exciting milestone for a prominent site on Hagley Road, marking over a decade in bringing this prime Edgbaston opportunity forward.
“From the early guidance of Birmingham City Council planning on scale for much-needed new homes, Calthorpe Estate commissioned architects Bond Bryan, who working closely with Knight Frank on specification and mix, developed a well-ordered and impressive design, which was applauded at planning committee when returning unanimous planning approval in November 2024, importantly including onsite affordable homes.
“Knight Frank led the marketing to secure a buyer with the capability and ambition to deliver a high-quality scheme, concluding terms for sale to Citizen Housing Association in partnership with WB Property Group. This partnership strongly aligns with our long-term vision for the estate, ensuring the integrity of the approved design is maintained in a sustainable scheme offering homes responsive to local demand of Edgbaston communities.
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