Cordia to build 366 more rental apartments in the U.K.
Hungary-based developer Cordia is continuing its expansion in the U.K. residential property market: its local subsidiary is building a complex of 366 rental apartments, bringing the total number of homes planned for the West Midlands region to more than 1,800.
The Birmingham-based Cordia Blackswan, acquired and renamed last year by Cordia, will build the complex in Birmingham's Digbeth district, on a site of nearly 8,000 sqm.
Digbeth is a regeneration area in the center of the U.K.'s second-largest city, with a strong industrial heritage. Cordia Blackswan’s new development will feature a combination of one, two, and three-bedroom units, in two ‘u’-shaped blocks of five and eight storeys, set around landscaped public realm. Residents will benefit from shared amenities, including a resident’s lounge and concierge service, with high-quality private outdoor spaces including courtyards and balconies.
This project is not the first residential rental development of Cordia Blackswan, as the company has a number of developments in Birmingham's historic Jewelry Quarter, which is still home to one of Europe's largest jewelry manufacturing communities.
These include The Lamp Works, a 148-home build-to-rent apartment scheme, while Bradford Works will be the city’s first purpose-built shared living scheme for young professionals, with access to high-quality communal areas and shared amenities.
Although The Gothic is not a rental housing development, it is also located in the same neighborhood: the buildings that were built in the early 19th century will be converted into Victorian-style homes with carefully restored heritage features. This development is named after the pub that welcomed visitors from 1870 until the early 2000s.
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