Elevate Property Group has completed the purchase of Sapcote Yard, a new residential development site at 78 Camden Street in Birmingham which will be its tenth project in the city.
The St Pauls Square-based company is currently preparing a planning application to be submitted to Birmingham City Council for a mixed use development of 11 three bedroom townhouses and 2 two bedroom duplex apartments on the 0.5 acre site.
Sapcote Yard will be Elevate’s second development on Camden Street, with work on Heaton House currently underway to deliver 14 townhouses, 42 apartments and a reformed Regency villa.
David Hofton, Elevate’s sales and marketing director, said: “Working alongside D5 Architects in Birmingham, we will rejuvenate this Jewellery Quarter site with a three block development set around a newly-repaved blue brick courtyard and the site’s 120-year-old barn buildings which will be retained and repurposed.”
Subject to planning permission being granted, construction on Sapcote Yard will start this year, bringing a total of 234 new homes by Elevate Property Group in Birmingham alone.
Elevate will also be delivering 79 apartments at Priory House, Southside, 57 new homes at Heaton House in Camden Street and 85 new apartments at Price Street.
This year will also see work starting on 258 apartments at Liversage Street Derby, 60 new apartments on the next phase of the popular Princes Gate development in Solihull, and the second phase of the Trent Bridge Quays development in Nottingham will also provide 58 new homes.
Construction will also commence on 18 new homes at Edith Walk, Malvern.
Elevate Property Group has built a reputation for quality medium rise residential developments in the past decade and is acquisitive, constantly looking for more redevelopment opportunities.
In its first ten years, Elevate has constructed over 1,000 homes and in 2022 alone will be starting work or completing a further 536 properties.
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