Elevate reloads with Gun Quarter development

ELEVATE Property Group, the company behind the Concord House scheme on Birmingham’s Holloway Head, has started work on its next project in the city centre – with two more close behind.

Building has begun on 99 new apartments in Summer Lane in the city’s historic Gun Quarter. This first development, to be known as HondurasWharf, will be available in the first quarter of 2017 after a 15 month building programme.

Preparation work is already underway at Elevate’s second project – the conversion from office space to residential of Queensway House in the Jewellery Quarter, which is being styled with the look and feel of recently finished Concord House.

Just seven apartments are being built in this development, including proposals subject to planning for a 2,500 sq ft penthouse apartment.

Prices are likely to range from £325,000 – £900,000.

The third project is St Pauls House on St Paul’s Square, where Elevate is converting the existing building into ground floor offices with apartments above complete with a new build penthouse.

There will also be a courtyard development of townhouses to the rear. Prices on this development are likely to range from £500,000 – £800,000

HondurasWharf is situated on a site once considered the gateway to Birmingham’s world-renowned Gun Quarter.

Summer Lane is rich in industrial heritage and the Gun Quarter dates back to the late 1600s.

Elevate’s Steve Dodd said: “We have made the bold decision to press ahead with these three projects while Birmingham is riding on the crest of a wave of good news.

Agents on Honduras Wharf are Knight Frank with Fleetmilne Property advising on letting opportunities. Knight Frank is already reporting strong interest with reservations already being taken.