Author Archives: Kate

Just a handful of apartments are now left at The Cube after a growing feel-good factor in Birmingham saw a surge of new sales over the summer.

Out of a total of 244 apartments, there are now just five apartments available for sale at the award-winning mixed-use scheme.

Apartments had been selling at an average of one per week over the last two years a significant increase in interest has seen more than 20 deals completed in the last three months.

The last available units include just one on the city wing of the building where owners can sublet the property and another four in the private wing including one of the scheme’s largest apartments at 1,100 sq ft with stunning views over the city and out towards the Malvern Hills.

Neil Edginton, director of EDG Property said the completion of the apartment sales would be the realisation of a vision that began almost a decade ago.

He said: “The Cube was the most ambitious development Birmingham has seen – both in terms of its physical structure and its desire to create a real community right in the heart of the city.

“It is now almost 10 years since Ken Shuttleworth first sketched out his incredible design and we can now take a step back and look at a building where more than 3,000 live and work, which has a hotel, a gym and spa and some of the city’s best bars and restaurants and say that the vision has been achieved.”

Neil believes ensuring that a significant proportion of the units were sold to owner-occupiers has also helped create a unique atmosphere at The Cube, which has been instrumental in selling the final few apartments.   He said: “There are apartments that have been bought by investors and are rented out but there are also many many people who have put down their roots at The Cube because of the fantastic lifestyle it has to offer.

“The variety of different apartments means we have a wide range of people living at The Cube from international students to retired couples with a love of the theatre and everything in between and that gives a special ambiance to the place that you don’t get anywhere else.

“There is also such a buzz about the city at the moment with the Mailbox redevelopment and the new John Lewis all on The Cube’s doorstep that increasing numbers of people are thinking how nice it would be to live right in the heart of it.”

A blueprint has been unveiled that is set to transform Fort Dunlop into one of the region’s most exciting mixed-use developments.

The atrium of the iconic office development has already been completely overhauled in a £400,000 investment since it was acquired by a fund managed by Tristan Capital Partners in partnership with EDG Property in 2014.

Now the building’s owners have unveiled a multi-million pound plan to transform significant areas of the site, that will include a glass conference centre on the building’s roof, a new car-park and deck, a refurbishment of the scheme’s Travelodge hotel with a new dedicated car-park and an upgrade of Fort Dunlop’s retail and F&B offer.  

EDG Property director Neil Edginton, said this was the start of an exciting new era for Fort Dunlop.

He said: “The success of Fort Dunlop since it was redeveloped a decade ago is undoubted but the new investment in the building will take it to a whole new level.

“There are more than 2,500 people who work at Fort Dunlop every day and many more who already visit the building to use the gym and the existing retail every week, but we believe there remains the prospect of driving further growth with the right investment.

“First and foremost we have to ensure the infrastructure is in place to accommodate those already using Fort Dunlop as well as the potential growth in visitors so the addition of several hundred new car parking spaces is a critical component of our plans.

“One of the real success stories at Fort Dunlop has been the hotel and we are working closely with Travelodge who are committed to a major upgrade and we are supporting that with the creation of a new dedicated 45-space car park next to the hotel.

“In retailers like Specialized and PoggenPohl, Fort Dunlop already has a unique offer that attracts visitors from across the region so again we feel that there is an opportunity to improve the general environment so we can attract more retailers of a similar stature and ultimately give people more reason to visit and dwell for longer.

“The largest investment and the element of the blueprint which we believe is a real game-changer for Fort Dunlop is the addition of the glass conference centre on the roof.

“The roof is a great space with fantastic views over the city and we are confident there is a market for a conference space that offers something completely unique for delegates. Combine this with the investment in the hotel, the car-parking, the food and drink offer, the retail and the general environment and we are creating a destination with an incredibly positive future.”

A planning application for the first phase of the works is set to be submitted to Birmingham City Council shortly, with construction (subject to planning approval), set to get underway in 2016.

EDG Property has acquired a landmark building in the heart of Coventry as it makes its first foray into the city currently enjoying a major renaissance on back of the success of its universities and companies like Jaguar Land Rover.

The building near the city’s famous Belgrade Theatre has been the home of a major Co-op store for more than half a century but the retailer decided to sell the building and focus on its other stores in the city.

EDG Property is currently working with a leading architects firm to draw up a proposal for the 140,000 sq ft building and director Neil Edginton said it was an exciting time to be investing in Coventry.

He said: “Coventry is a city with a growing reputation so we are delighted to have been able to acquire a such a prime building in the heart of the city and we very excited about the opportunities it offers.”

Coventry is currently experiencing unprecedented investment with Coventry University alone investing several hundred million in its city centre campus and student accommodation.

In the last two months major student schemes – one behind the Belgrade Theatre and the other on the site of the old sorting office – have been announced and in total there are more than 5,000 student units either in planning or under construction within a mile of the city centre.

Other developments of note include the Friargate scheme next to Coventry station that is set to be the new home of Coventry City Council and the national headquarters of the Royal Institute of Chartered Surveyors.

The city is also developing a new restaurant quarter around the soon to be revamped Cathedral Lanes development which will include a Las Iguanas and Cosy Club and potentially a new Wagamamas.

Neil added: “Coventry is starting to fulfill its significant potential and we are seeing investors beginning to flock to the city to take advantage of city centre that is wanting to thrive again.

“The strong reputations of the city’s universities is bringing greater numbers of students to the city who are playing a key part in driving the local economy, not just in term time but all year round as they increasingly decide to put their roots down and make the city their home.

“There is also a real can-do attitude in the city when it comes to grasping the opportunities on offer, which is being driven by a hugely ambitious city council that is determined to put Coventry back on the map.”

With the cladding complete and the picture windows now in place – it is not difficult to see why The School Yard apartments were all sold off-plan.

Set for completion in November, the residential apartments will complete a two-phase scheme in the heart of Harborne Village in Birmingham, which has already won a string of awards from such diverse organisations from the Birmingham Civic Society to the RICS.

EDG director Neil Edginton said everyone’s focus was now completing the project on time and getting the new residents moved in so that they can enjoy their first Christmas in the scheme.

He said: “Now that the zinc cladding has been applied, the development is starting to look like the CGI images we produced at the beginning of this process and which ultimately the buyers saw and decided that it was somewhere they wanted to live.

“Work is now focused on the interiors of the apartments and now that the windows are in you can really begin to understand the impact of the huge picture windows in the apartments in terms of the light and the great views they offer across Harborne.

“The project remains on time and completion is planned for later this year.   We are looking forward to welcoming residents to their new homes so that they can enjoy Christmas at The School Yard. It has been an exciting process for EDG delivering this residential scheme and we plan to announce further new projects in the very near future.”

The stunning exterior of the second phase of the award-winning School Yard scheme is beginning to emerge as the project heads towards completion later this year.

The multi-million pound scheme in Harborne is being clad in anthracite zinc – a first for a residential development of this size in Birmingham – with the eight-week zinc construction set to be complete by the end of July.

The 13 residential units – which include one, two and three bedroomed apartments and a townhouse – have been designed by Jewellery Quarter-based Bryant Priest Newman and have all already been sold to individual buyers.

EDG Property director Neil Edginton said the cladding marked an exciting new period for the development, which had been designed to work sensitively with the first phase of the scheme.

He said: “Creating extraordinary rather than ordinary buildings is what EDG Property is about and we feel that second phase of The School Yard is almost more important than the first because it is about creating something new that is sensitive to its surroundings rather than converting something that existed already.

“Bryant Priest Newman is one of the city’s most innovative architects and the application of zinc cladding will create a stunning finish on what are fantastically appointed apartments.

“The process itself is not necessarily a difficult one although it can be time-consuming as the fabricated zinc is bent to shape on site so it is more of a craft than other cladding systems.

“The guys who are carrying out the work do all of the fabrication on site, so it’s a much more crafted finish than manufactured, which again ties in the Listed elements in the first phase of the scheme.

“In total the cladding of the whole building will take around eight weeks so should be complete by the end of July. The roof has also now been completed and while there is still some external timber-work to finish, the major part of the project is now the internal fit out which we are hoping to have complete by mid-autumn.”