Joseph Mews and Consortia Developments announce second collaboration
Property investment company Joseph Mews has announced a new partnership with London-based Consortia Developments, this time in the heart of Birmingham’s St. Paul’s Square. The Colmore on St. Paul’s Square marks the second time these property industry leaders have collaborated, with their first partnership being the immensely successful Lockside Wharf development, also set in the heart of Birmingham.
The boutique development of premium apartments will exhibit the finest in modern design which is sure to be a popular choice for investors and tenants alike. Thanks to its exclusive B3 postcode and status as one of the last residential developments this close to St. Paul’s Square to be restored, demand for units is also projected to be incredibly high. With only 16 one- and two-bedroom apartments available, The Colmore on St. Paul’s Square will offer purchasers high-end luxury and exclusivity which echoes the affluence and cultural significance of the restored building and its surroundings.
A First-Choice Residential Location
The Colmore on St. Paul’s Square is set to become a first-choice residential location for luxury living in the heart of Britain’s second city. The development takes its name from the famous Colmore family that originally built St. Paul’s Square in the 18th Century, with the location being the only remaining Georgian square in the city. As with many developments in the Jewellery Quarter, The Colmore on St. Paul’s Square puts preservation and heritage at the heart of its construction. The new development proudly exhibits this heritage, having originally been a jewellery workshop in the 1920s, and retains the original characterful features that make it so distinctive whilst bringing it firmly into the 21st Century. Purchasers can expect to see art deco flourishes, high and airy ceilings, and nods to the structure’s Georgian heritage.
Partner at Joseph Mews, Andrew Segal, is particularly excited about the new development:
“With Joseph Mews’ HQ being located on St Paul’s Square, we understand the significance and appeal of this development for the local rental market. The Jewellery Quarter has long been one of the most in demand locations in the city and this development will be an excellent addition to the area, offering residents premium living at the heart of the action. I know investors will be incredibly excited and keen to get their hands on a unit, and we’re really excited to be working with Consortia Developments again to officially launch The Colmore in the coming months!”
Historical Significance and Optimal Convenience
Residents at the new development will benefit from its enviable location, which is not only of historical significance but of optimal convenience: St. Paul’s Square is superbly connected via Snow Hill Train Station and the Jewellery Quarter has its own tram stop to connect it to the ever-expanding Metro network. Just a short walk away lies Colmore Row, Birmingham’s business hub, as well as the City Centre which offers an unrivalled variety of amenities and opportunities. However, the most impressive aspect of The Colmore on St. Paul’s Square is its namesake – St. Paul’s Square is a lovingly maintained green space which has become home to a variety of independent shops, cafes, bars and restaurants that occupy the predominantly Grade II Listed structures surrounding the famous St. Paul’s Church.
Johnny Conran, Partner at Joseph Mews said:
“The Colmore will be an excellent opportunity for investors to get a much sought-after unit in the heart of St Paul’s Square. The Birmingham rental market is thriving at the moment and apartments as unique and desirable as these are difficult to come by. Many of the investors I’m talking to in the UAE are keen to find premium units in the city that will stand out in the market and attract the highest yields, so I’m really excited to introduce them to this development. It’s also great to be working alongside Consortia Developments again after such amazing success at Lockside Wharf, their developments are built and furnished to an incredibly high standard making them some of the most attractive and in demand units on the Birmingham market today.”
The announcement comes after the resounding success of Joseph Mews and Consortia Developments’ first collaboration at Lockside Wharf, a thoughtful restoration of a Victorian glassworks to construct 61 luxury residential units. Their collaboration was a resounding success and was completely sold out almost 12 months ahead of completion. However, The Colmore on St. Paul’s Square is set to be an even more exclusive development that houses just 16 apartments compared to Lockside Wharf’s 61, denoting a departure from the current trend in inter-city real estate which sees the construction of new high-rise developments with hundreds of units. The Colmore on St. Paul’s Square seeks to buck this trend by offering unique living experience and a rare slice of Birmingham’s impressive history which has been carefully restored to create a sense of exclusivity for purchasers.
Partner at Consortia Developments, Olly Clayton, said:
“After the success we experienced at Lockside Wharf, there was really no question when it came to selecting a sales partner for The Colmore. The team at Joseph Mews has unrivalled knowledge of the local market and they are aligned with our vision to respectfully and thoughtfully restore Birmingham’s historic landmark buildings to their former glory. The heritage and history of The Colmore will be reflected throughout the development, with the stunning façade of the building being retained and Art Deco influences being reflected in the branding, décor and furnishings to create a truly unique place to live for Birmingham’s residents.”
For more information on The Colmore on St. Paul’s Square or to register your interest in the development, contact sales@joseph-mews.com or call 0121 824 6000.