Goodstone Living secures planning for Digbeth Build to Rent

Goodstone Living secures planning permission for its first Build to Rent scheme in Digbeth, Birmingham.

Goodstone Living's Birmingham Build to Rent scheme which has received planning permission from Birmingham City Council - Macquarie | BTR News
Goodstone Living's Birmingham Build to Rent scheme which has received planning permission from Birmingham City Council.

Macquarie’s Goodstone Living Build to Rent platform secured planning permission yesterday evening (18 August 2022) from Birmingham City Council for its first Build to Rent scheme in central Birmingham. Located in Digbeth, the four acre site is a short walk from Birmingham New Street and Curzon Street (HS2) train stations, as well as the Bullring shopping centre and retail quarter. The design and procurement of the scheme is underway, with construction expected to start in Q1 2023.  

The new development – designed by Darling Associate Architects – comprises six buildings arranged around over an acre of private gardens. All buildings have been designed to be future proofed for fire safety by incorporating dual means of emergency escape. The scheme will deliver 550 next generation Build to Rent homes – a mix of one, two and three bedroom generously sized apartments, which is aligned to Goodstone Living’s ambition to create bigger and better homes. Apartments will exceed the minimum size standards required by Birmingham City Council. 

The scheme will include around 22,000 square feet of shared internal amenity space. Amenities include a fully equipped gym, rooftop terraces, co-working office space, private dining rooms and a concierge.

“Birmingham’s Build to Rent market is hugely competitive, which puts the onus on developers and investors to keep raising the bar of what renters can expect. Our Birmingham scheme is an excellent illustration of that in action, with the city’s largest private garden, low site coverage, and an unwavering focus on how we can create, foster and enhance local communities through thoughtful design and investment.”

“Birmingham is the UK’s second largest city by population, and with a growing cohort of residents coming to the city there is a clear need to deliver high quality purpose-built and professionally managed rental accommodation.”

Martin Bellinger, Principal, Goodstone Living

Goodstone Living is delivering its decarbonisation strategy for this Build to Rent project. It will see a reduction of over 30% of embodied carbon during construction – by using off-site volumetric modular construction. The scheme will also reduce operational carbon by over 50%, by implementing the latest heating and enhanced building fabric technologies.

Social value initiatives are also planned and includes a 50% rent discount on commercial space for local businesses – to catalyse local business growth.