The £26 million 'The Lansdowne' scheme involves developing a 16-storey tower at Hagley Road in the centre of the city. Completion is scheduled for 2019.
Features will include 139 one-bedroom, 63 two-bedroom and four, three-bedroom apartments together with a two-storey 77 space car park. In addition, residents will benefit from a concierge service, cycle storage, gym and a café.
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The scheme is being delivered by a joint venture between real estate manager Long Harbour and property investment group Seven Capital, who will own the development once it is completed.
Gordon Kew, Managing Director at Interserve, said: "Birmingham is currently going through a huge transformation with large areas of the city being regenerated. As part of this, the private rented sector is showing the potential for real growth.
"We are delighted to have secured this opportunity with Seven Capital and Long Harbour and we look forward to delivering this high quality project and being part of the rejuvenation taking place in Birmingham."
(LM/MH)
