Cordia's local subsidiary, Cordia Blackswan, acquired and renamed in 2020, has completed the first phase of works of the complex located in the Jewellery Quarter, which includes 14 exclusive Victorian-style one-, two- and three-bedroom apartments and duplexes, as well as a show apartment.
The conversion and refurbishment of the long-vacant buildings will create a total of 50 apartments across three phases, with several retail units on the ground floor of the buildings.
The developer has retained and enhanced the original Victorian-era features of the building, including traditional cornicing and beams, finished with contemporary fittings, according to a press release sent to the Budapest Business Journal.
The buildings of The Gothic project were built in the early 19th century, and the development is named after the pub that welcomed visitors from 1870 until the early 2000s. Although many of the buildings in the area need to be renovated or rebuilt, the quarter, which comprises of over 200 listed buildings, still plays an important economic role as it accounts for 40% of the United Kingdom's jewelry industry.
The Gothic was recently awarded Apartment Development of the Year at Insider’s Midlands Residential Property Awards.
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