PGC selects ISG to build £60m Birmingham residential project
January 24, 2019 – Chinese developer Prosperous Global China Capital (PGC) has selected construction form ISG to build a residential project featuring 517 homes at the site of former Renault car dealership at 75-80 High Street, Birmingham, UK.
PGC has secured planning approval to build the three blocks of flats in the centre of Birmingham.
Designed by Corstorphine + Wright, the £60m project will include two 10-storey blocks and a 25-storey building, to be constructed at the intersection of High Street and Clyde Street in Digbeth.
The plans include ground floor commercial units and parking space for 153 cars.
The project will be called Lunar Rise in recognition of the Lunar Society, a group of 19th century polymaths, who used to meet in Birmingham on the Monday nearest to the full moon.
ISG is likely to commence construction in mid-2018 and rely mostly on offsite construction and prefabricated modules.
PGC Capital UK president Francis Cole said: “This iconic development will be at the vanguard of Digbeth’s transformation and will establish a new 21st century look to the area.
“Birmingham City Council’s 25-year master plan is one of the largest urban regeneration schemes in Britain and the city is leading the way with the huge redevelopment plan off the back of HS2.
“Digbeth is one of the areas set to benefit most, with new landscaped pedestrian routes through to the city centre, major transport hubs and a surge in investment.”
ISG regional director Wayne Flannery said: “This major regeneration scheme is expected to act as the catalyst for further redevelopment in this strategic location to the east side of central Birmingham, which is close to the planned HS2 hub.
“To achieve operational efficiency, much of the structure for the three cluster buildings will utilise off-site manufactured components, which are simply lifted off delivery wagons and craned into position. This gives us the quality, safety, speed and overall efficiency to deliver this major scheme far more quickly than traditional construction methods.”