Elevate Property Group, the developer behind Birmingham’s  most expensive apartment ever sold, the £1.8m penthouse flat in the former Debenhams warehouse in Holloway Head, better known as Concord House, is to lead the development of a new mixed apartment scheme on Tennant Street that will be built on a site of a pay and display car park located just off Broad Street.

This will be Elevate Property Group’s 5th project in just 2 years after completing the impressive residential schemes ‘St Paul’s House’ on St Pauls Square, ‘Queensway House’ off Lionel Street and Honduras Wharf in the Gun Quarter and enforces the Elevates credentials as a leading developer of new and imaginative schemes.

Tennant Street development which has “outline planning” consent will consist of 40 stylish apartments with some retail units and parking will be in walking distance of the Mailbox, Brindley Place and the new HSBC banking building at Arena Central which is currently under construction.

Elevate property hope to begin the project later in the year, the continued confidence in the city housing market that is being generated from first time buyers, investors  and a buoyant resale market is all helping to buoy the confidence of developers in the city and the recent news of royal assent being granted last month for the HS2 London to Birmingham fast rail link enforces the city’s credentials as a place to invest.