Regeneration - Stone Road,Birmingham
Stone Road comprises circa 75,000 sq ft of built form and consists of a large residential hostel together with 63 individual residential units. Additionally 4 retail units including small supermarket are located at Ground Floor level.
The building is located on a key strategic island site forming part of the Southern Gateway to Birmingham City Centre. Currently tenanted by a national accommodation provider, the Stone Road site forms an important part of the Attwood Green Regeneration Initiative hosting one of the largest areas of redevelopment in the city. Indeed, Attwood Green received the Deputy Prime Minister’s award for regeneration in 2006, while a CABE ‘Building for Life Gold Standard’ award was given to the Park Central Estate, which forms part of the Initiative, in 2005.
It is envisaged that a mix of uses will be developed on the site and given that the site additionally falls within a High Rise Zone, substantial development is a realistic aspiration.
Feasibility studies exploring the full potential of the site are currently being carried out.
PROPERTY PART-EXCHANGE THROUGH CITRUS
Citrus now offers the provision of property part-exchange to house builders. We have been particularly active in the retirement market and have facilitated and enabled a number of individuals moving from their existing properties into new retirement homes through the process of part-exchange.
CITRUS TEAMS UP WITH APOLLO TO LAND £100M PORTFOLIO
Citrus Group, the specialist property development and investment group, has completed the freehold acquisition of 15 Care Homes in Northern England for £95.5 million through a joint venture with Apollo Real Estate, the international real estate fund manager.
CHELTENHAM
Detailed planning consent has been obtained for a 78 Bed Care home in Cheltenham.
