Value: £150 million Exchange Square 2, Birmingham
Exchange Square Phase 2, Birmingham
Phase 2 of Exchange Square, in Birmingham City Centre, is the final phase of Nikal’s £350m Masshouse project.
Nikal is currently working on new proposals for a landmark apartment building which, if presented for planning and approved, will be Birmingham’s’ tallest residential building and a high profile landmark for those arriving at Birmingham Curzon HS2, which is directly opposite the site.
Planning consent is in place for 223 apartments, Nikal’s initial ideas could see this number increase to circa 565 units across a stunning part seven storey, part 46 storey tower.
In addition to the residential, the scheme could benefit from external amenity space across outdoor terrace/garden areas and amenity and retail space on the lower ground and ground floor levels.
In addition, and subject to planning submission and approval, there is the potential for a stunning 46th floor residents’ sky lounge with garden area.
Nikal will be finalising it’s proposals for planning over the next few months.
Says Nikal MD, Nick Payne, “Our thinking around the revised proposals for Phase 2 Exchange Square are inspired by a desire to produce a truly landmark building that will announce to those travelling by HS2 that they have arrived in ‘Britain’s Second City’.
“With our site lying adjacent to Birmingham Curzon HS2, it’s the perfect opportunity to respond with a dramatic and architecturally stunning structure that will eclipse the tall buildings that are already being produced in other major cities, such as Manchester.
“We also want to produce a scheme that will complement the three residential towers under construction as part of the new urban village at Phase 1 Exchange Square, the tallest of which is 27-storeys. The Birmingham skyline is undergoing an exciting transformation and we feel its ready to accommodate statement structures that flagpost this progress,” he added.
Work on Phase 1 Exchange Square is currently underway with the first of the three buildings under construction.