Author Archives: Kate

On Tuesday 2nd December, Neil Edginton of EDG Property welcomed The Cube community in the central atrium area to enjoy an evening of festive merriment and Gluhwein, hosted by The Management Team.

Enjoying food from Brazilian restaurant, Rodizio Rico, and the Marco Pierre White Steakhouse, Bar & Grill, guests were also treated to live music performed by choirs from across the region.

Derek Rossenrode, General Manager, commented; “We are delighted to once again host an event that sees the whole community from The Cube come together for an evening of fun and entertainment. It is a pleasure to always see old faces, as well as some new ones and thank them for their continuing support of this fantastic building.”

The event was also an opportunity to inform guests of the latest platform to help them keep up to date with The Cube’s news, events and offers – The Cube App. The app is now available to download on Android and Apple phones, free of charge, from the App Store or Google Play and boasts a range of offers that can be redeemed at various outlets at The Cube.

For more information on The Cube App, please visit www.thecube.co.uk

Having been The Cube’s first commercial tenant back in 2010, The Highways Agency has now signed with EDG Property to secure even more space at this landmark address.

Neil Edginton of EDG Property secured the Department of Transport’s Executive Agency for The Cube over 4 years ago with a letting of 60,000 sqft across three floors.  And now, the executive agency sponsored by the Department of Transport are all set to occupy a further 8,000 sqft on Level 8 with EDG managing the fit-out ready for their occupation in March 2015.

This is a great testament for Birmingham’s iconic building, having already enjoyed the state-of-the-art facilities and convenience of the B1 address, with the Highways Agency soon to occupy 4 floors of the 25 storey tower.

EDG Property is working alongside London headquartered Tristan Capital Partners to asset manage and develop Fort Dunlop, following the building acquisition from Urban Splash in August 2014. This latest deal marks £390m of assets under management and/or development for EDG Property.

Originally built in 1920 and standing empty for 22 years prior to redevelopment in the 2000’s, Fort Dunlop is already an award winning Birmingham landmark, primarily Grade A office-led. There are now exciting plans to further enhance the asset and create a sustainable mixed-use destination.

EDG Property and Tristan Capital Partners are working to improve the surrounding realm, enhance common parts and inject new life into the leisure aspect of the scheme. Already a successful office development, work will now begin in order to provide complimentary offers to support the office occupiers. Watch this space for exciting plans at Fort Dunlop.

For all enquiries please contact EDG Property on 0121 654 9494.

The clock tower building in Harborne has been sold in an undisclosed deal after being redeveloped in the depths of the recession.

City firm EDG Property has sold the first phase of The School Yard development to asset management company Avignon Capital.

The scheme at the Grade II-listed Victorian former school, famous for its clock tower, is now fully let but EDG Property director Neil Edginton said it had been a major turnaround from when he first unveiled the scheme in a depressed property market in 2012.

He said: “It has been a really interesting project, and it has worked out as a successful development, but if you cast your mind back everyone told me I had lost my marbles when it started. We were in the deepest recession in memory and on top of that it was already a difficult building to redevelop. But it’s fully let now and there is a new public square and we are investing another £3 million in residential in the second phase.”

Work is taking place on the £2.7million second phase, made up of 12 residential apartments, after plans were drawn up by architect Bryant Priest Newman Architects.

The first phase has been let to Prezzo, Boston Tea Party, Harborne Food School and Urban Coffee Company. However, it has been tough at times with a previous incarnation of a food school and Metro Bar among those which came close to taking space.

The building was constructed in 1891 and was most recently used as an adult learning and community centre before it was sold by Birmingham City Council.

Neil added “Everyone I speak to in Harborne is delighted with The School Yard. The new residential building is a brave piece of architecture, so it might be something that some people are going to love and some aren’t. In terms of the first phase it has gone down very well.”

Eversheds represented EDG Property while Avignon was advised by Gateley and agent MK2 Real Estate.

Gateley senior associate James Madill said: “The seller plans to develop a residential scheme next to the commercial units which meant that there were certain complex issues that needed to be addressed.  We needed to ensure that there was adequate flexibility in the commercial scheme to protect investment value and maintain scope for future site enhancement.

“With historical and architectural significance to the city, the purchase ensures that the reconfigured property will benefit the local area for years to come.”

(Many thanks to Graeme Brown, Birmingham Post for words)

 

It’s been an exciting week at The School Yard with work commencing on EDG Property’s residential building with Spectus Construction having been awarded the £2.1m build contract for phase 2 of the Harborne scheme.

The Worcestershire based Spectus Construction is all set to deliver the final part of this successful mixed-use development with a contemporary zinc building home to thirteen boutique apartments, duplexes and townhouse. It will be the first of its kind locally and shall sit alongside the oasis of the new £1/4m private square and period charm of the clock tower buildings.

Andy Griffiths of Spectus Construction said, “We are delighted to have been awarded the building contract at The School Yard.  We specialise in building boutique schemes and we look forward to bringing our skill-set to Harborne.  We have already met the immediate neighbours and have presented to the Harborne Business Association.  Next step is to set up the site compound and start the ground works, both of which have started this week.”

Build completion is scheduled for Autumn next year and around two-thirds of the homes at The School Yard are already sold off-plan.

Developer Neil Edginton of EDG Property said, “With the fit out of Harborne Food School now underway and our partners Prezzo, Boston Tea Party and Urban Coffee Company all open for business, the interest in The School Yard continues to grow. We now turn to Spectus Construction to deliver our vision for the residential and look forward to watching the new building take shape.”

For all reservation enquiries, please contact selling agent Centrick on 0121 347 6116 or email andy.butts@centrickproperty.co.uk.