Commercial property consultancy Burley Browne has announced that a new residential scheme in Lichfield, Staffordshire is being brought to market.
Situated on a prominent corner location at the junction of Birmingham Road and Upper St John Street/St John Street opposite Lichfield City railway station, the site has been earmarked for residential development in the council’s masterplan.
The area is currently undergoing a transformation, with £5m committed to a new cinema in the district in a joint venture between the council and Evolve Estates.
“We are excited to be working alongside Lichfield District Council to find a residential developer with the credibility, capability and capacity to deliver a class leading, high quality development of new homes in keeping with the rich heritage found across the city. Lichfield is a special place to live and visit and its strategic position enhances its attractiveness. While it holds its own distinct allure, it also complements the broader regional strategies, making the most of its proximity to major cities. This interconnectedness amplifies Lichfield’s capacity to attract investment and foster collaboration. This is a gateway site and will be a flagship development for the city.”David Hemming, Joint Managing Director, Burley Browne
Lichfield is a thriving cathedral city whose economy is forecast to be the fourth fastest growing in the UK between 2024 and 2026 (EY), with a current population of 106,000 and economically active population of 85%.
The city also benefits from excellent road links via the motorway network to include the M6 Toll, M6, M42 and M5 – together with rail links to Birmingham city centre on the Cross City Line and to London, Manchester, and Glasgow via the West Coast main line.
“This is an incredible opportunity to acquire a gateway residential development location in the heart of Lichfield city centre. It sits between Lichfield City train station and the centre of the city, with its bustling streets, markets and world-renowned attractions including Lichfield Cathedral. Lichfield is on the cusp of significant growth, and we strive to break away from conventional models of local council collaboration. Our leadership team, comprised of both commercially astute and forward-thinking visionaries, spearheaded several crucial development projects in 2023. We are presently seeking experienced partners who share our passion, ambition, and vision for a vibrant built environment in this distinctive area.”Councillor Andy Smith, Cabinet Member for leisure, parks and major projects, Lichfield District Council
Burley Browne and Lichfield District Council are inviting offers from residential developers with a reputation for delivering high quality homes and schemes that are sympathetic to the local culture and heritage.