Latest news from BusinessLive's Commercial Property newsletter
| | | | | Plans unveiled for new canalside residential scheme in Birmingham | | | | | | Plans have been lodged for a new canalside residential development in Birmingham city centre.
Called Gather & Soul, it would see the wholesale redevelopment of buildings to create more than 160 co-living apartments and amenities space, primarily aimed at the city's young professional community.
The application site is currently occupied by a former gun factory which was later used as a stables for the canal, and was also home to a nightclub before it closed down in 2003.
If approved, the building would be replaced by two adjoining blocks of 15 and seven storeys respectively while the adjoining Gas Street Canal Basin Toll would be retained and used for apartments. Other planned amenities include a concierge service, lounge and cinema room, co-working space, gym, rooftops terraces and 100 cycle spaces.
The scheme, proposed by GNM Developments, is aiming to be a benchmark for green projects by having a specialised solar façade on the main building, projected to generate more than 427,000 kilowatt hours of energy a year.
Read Tamlyn Jones' story on the development here. Read more | | | |  |
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| | | | | £475m Crown Works Studios moves ahead as council prepares to invite bids | | | | | | Plans for a £475m North East film studio are set to move ahead this month as a search gets under way to find the first contractors to bring the landmark development to life.
The Crown Works Studios plans were green lit by Sunderland City Council earlier this year, including specific plans for phase one of the studios while two further phases received outline consent.
FulwellCain Studios, a joint venture between global entertainment firm Fulwell 73 and Cain International, is leading plans to build the studios, which will eventually have 20 stages on a plot of land on the banks of the river Wear.
It is hoped that thousands of people living across the region will benefit from the jobs and inward investment generated by the studios. When complete, it is expected that the studios will generate £336m GVA for the local economy every year, while also supporting jobs and contract opportunities for carpenters, engineers, designers and drivers, electricians, hair and make-up artists, and medics.
The first phase will include around 360,000 sqft spread over four sound stages, with a production office attached to each, six production support workshop buildings, a gateway building, a 350-space multi-storey car park, a substation and waste centre and ancillary infrastructure.
Sunderland City Council is now gearing up to invite bids for the £15m enabling works package which will prepare the former shipyard site at Pallion. Read more | | | | | |
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