There will be two private courtyards at the heart of the scheme, featuring sleek modern glass and a state-of-the-art lighting scheme. The gardens will be accessed via a footbridge from the underground car park, or from the marble entrance hall off St Paul’s Square. There will also be a 24/7 on site concierge service.
Geoff Shuttleworth, director at Chord Homes, said: “As a Jewellery Quarter based developer with a number of schemes in the area either underway or in the pipeline, we are passionate about the area’s renaissance.
“We are committed to bringing the latest in contemporary design and build to the Jewellery Quarter, while respecting the area’s character and heritage.
“St Paul’s Square is a superb location – its tranquil setting belies the easy access it provides to Birmingham city centre. A five minute walk will take you to the heart of the city’s business district, a further three minutes will take you to the Bullring. With the canal system just a stone’s throw away and the attractions of Brindleyplace and the Mailbox also within easy reach, it has to be one of the best residential addresses in the city.”
The scheme has been welcomed by Cllr. Ken Hardeman, Birmingham City Council cabinet member for regeneration.
He said: "This development will be a major boost for our city's unique Jewellery Quarter. It preserves the character of the conservation area while adding a modern dimension to the city living element. And retaining the most historically important element of the Thomas Walker factory is a great bonus."
Chord has committed to spend £60,000 to improve lighting in St Paul’s Square, and to install CCTV.
Chord Homes has worked with the Royal Bank of Scotland to deliver the scheme. The joint venture partners are currently on-site on another Jewellery Quarter development. JQ1, on the corner of Newhall Street and George Street, comprises 43 apartments, more than half of which have sold off-plan a year ahead of the scheme’s completion.
Work is anticipated to start on St Paul’s Place in March 2006, with the apartments ready for occupation from April 2008.
The apartments will be priced from £125,000 – £900,000, with office accommodation from £250 per sq ft/£2,500 per