Birmingham city centre development St Martin’s Place is almost sold out off plan, one year ahead of its projected completion.
Of the 228 one-three
bedroom apartments less than five per cent now remain unsold.
The development will offer a residents only gym, WiFi lounge and private cinema plus a courtyard garden. It neighbours the city’s business, financial and professional services district, Calthorpe Estate, and the Park Regis Hotel which will provide hotel-style amenities to the residents.
Andy Foote, Director at
developers SevenCapital, says: “When we revealed our designs and plans for this
fantastic development one year ago, we knew we were launching a truly unique offering
for the city – something that the city had never seen before. We’re very
pleased that the development has been so well received so quickly. It proves Birmingham’s growing
status as a place for people to live, work, play and invest.
“This city is truly world
class, which has been proven by its recent coup of being chosen as host city
for the 2022 Commonwealth Games – which future residents of St
Martin’s Place will be perfectly placed to enjoy. As the city
continues to develop, with so much still in the pipeline, it will continue to
attract people looking to make Birmingham
their home. It’s a very exciting time.”
Almost selling out a whole development a year up front might be considered something of an achievement in the current Brexit-uncertain market. It could indicate the underlying confidence there is in the future of Birmingham, as well as an underlying shortage of this type of property in the city.