Old news?

Goldman Sachs has provided a major funding boost for Glenn Howells Architects’ plans to build a 42-storey residential tower in Birmingham

The investment banking giant has handed a £118 million debt facility to Apache Capital Partners to finance the Broad Street scheme, which is expected to become the city’s tallest residential building.


https://www.architectsjournal.co.uk...=Social&utm_source=Twitter#Echobox=1556012086

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103 Colmore Row

Tristan Capital Partners takes stake in 103 Colmore Row

Investment firm buys out interest previously owned by German group Patrizia

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One of Birmingham's largest office developments has a new owner.

Tristan Capital Partners, the London-based real estate investment management firm, has acquired Patrizia's interest in 103 Colmore Row.

Sterling Property Ventures has been retained as development manager for the project which is currently under construction and due for completion in 2021.

103 Colmore Row will have more than 220,000 sq ft of office space over 26 storeys, restaurant units on the ground and top floors, a winter garden, 18th floor terrace and multi-purpose business lounges.

Designed by architects Doone Silver Kerr, the building replaces John Madin's old NatWest Tower which sat empty for years before its demolition a couple of years ago.

Main contractor BAM has been working on the project since last summer and will commence construction of the concrete core next month.
 
It has been a very mixed news week for Eastside development wise.

Bad news: we have lost our 46 storey tower at Exchange Square which has been replaced by two towers of 34 and 30 storeys plus a 14-storey Premier Inn. There are currently only basic drawings of this but they look very poor. The hotel element has very few windows. Hopefully this is not the final design that will be in the application, which we should see soon.

Good news: Some outline planning for the Martineau Galleries masterplan has also been submitted and it provides for buildings with a maximum of 50 storeys in height, so this could potentially be the focal point height wise for people arriving on HS2 instead of Exchange Square 2 as we thought at first.

Not so good news: the target completion date is in the 2030s!
 
It has been a very mixed news week for Eastside development wise.

Bad news: we have lost our 46 storey tower at Exchange Square which has been replaced by two towers of 34 and 30 storeys plus a 14-storey Premier Inn. There are currently only basic drawings of this but they look very poor. The hotel element has very few windows. Hopefully this is not the final design that will be in the application, which we should see soon.

Good news: Some outline planning for the Martineau Galleries masterplan has also been submitted and it provides for buildings with a maximum of 50 storeys in height, so this could potentially be the focal point height wise for people arriving on HS2 instead of Exchange Square 2 as we thought at first.

Not so good news: the target completion date is in the 2030s!

Thanks for the info jfy and as for Exchange Square Phase 2, I'd rather them not bother and leave it upto a developer who gives Birmingham a first class development. As you say the Hotel has very few windows and looks appalling.

I'm so embarrassed about it hence lack of Pictures. (n):inpain::grumpy:
 
Thanks for the info jfy and as for Exchange Square Phase 2, I'd rather them not bother and leave it upto a developer who gives Birmingham a first class development. As you say the Hotel has very few windows and looks appalling.

I'm so embarrassed about it hence lack of Pictures. (n):inpain::grumpy:

Makes you wonder how developed these plans were since the previous renders of the 40+ floor tower were more detailed than these new ones. Why couldn't they just keep that design and have say the upper floors apartments whilst the lower floors were the hotel?
 
Makes you wonder how developed these plans were since the previous renders of the 40+ floor tower were more detailed than these new ones. Why couldn't they just keep that design and have say the upper floors apartments whilst the lower floors were the hotel?

Your guess is as good as mine Coathanger and so much for them wanting to give Birmingham a new Landmark. Pffffffft :(
 
We have a new name for our Broad street skyscraper lads.

It will be called The Mercian :love: and compliments there tower in Liverpool called The Lexington

The name Mercia is an old Anglo-Saxon name which included:

Mercia expanded under King Penda and by the 8th century Offa ruled all of England south of the Humber between Wales and East Anglia. ... Anglian settlements in this area may have been (north to south) Sutton, Erdington, Witton, Aston, Nechells, Birmingham, Edgbaston, Harborne and Weoley.

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One for @Brum X

Birmingham, like it's airport, has often promised the world but consistently failed to deliver and past history is littered with amazing projects that go on to fester for a couple of years before reappearing as something shambolic.

What are the realistic chances of this one actually coming off without being reduced to something below 100m?
 
One for @Brum X

Birmingham, like it's airport, has often promised the world but consistently failed to deliver and past history is littered with amazing projects that go on to fester for a couple of years before reappearing as something shambolic.

What are the realistic chances of this one actually coming off without being reduced to something below 100m?

That is a tough question Ray and even I cannot answer 100%, however what I know right now is that there is a real buzz around Birmingham (City) at the moment, something which cannot be said about its airport. I mean can you think of a time in the past when we have had x 3 towers yes 3 towers U/C at the same time over 100metres ?? I think that is confirmation that Birmingham can now deliver bigger projects.

Court Collaboration have said funding is in place and have been speaking to the council over the last 2 years and that they are in support of this tower so I would say it has a very good chance of being built even with or without HS2. (y)
 
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