£275M Birmingham Mixed-use Scheme Revealed
Plans are being drawn up for a £275m mixed-use scheme comprising more than 1,000 apartments in central Birmingham. The proposals are for a development located on the former Monaco House site on Bristol Street, known as ‘New Monaco’.
Regency Residential, part of MCR Property Group, has taken pre-planning advice from Birmingham City Council and is now in the process of lodging an application. If approved, more than 1,000 apartments and townhouses could be built over the next four years.
Michael Fenlon, director of sales and marketing at Regency Residential said:
"New Monaco is an incredibly exciting project to be involved in and will help redevelop a famous street in the amazing city of Birmingham," "Since launching in January our staff have worked tirelessly to bring five residential development schemes to market in major UK towns and cities, including in Swindon, Derby, Sale and Altrincham in Greater Manchester and Norwich. In total, we have sold more than 170 properties in just four months.
"We believe our plans such as ‘New Monaco’ and the equally exciting two-phase, 1,000-home development in Manchester on Gould Street will continue to propel us even further forward."
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