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04/02/2019

Second Tower Topped Out At Birmingham Apartment Development

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The second tower has been topped out at Birmingham's latest apartment development, The Bank.

Following the completion of the structure, contractor Wates has begun work to fit out the interior of the building, located between Broad Street and Brindleyplace.

The Bank, owned by Aprirose, is being developed by Regal Property Group, funded by Aprirose and designed by architect Glancy Nicholls.

It consists of two residential towers, containing a total of 406 apartments. The first tower comprises 189 studio, one and two-bedroom properties, reaching 22-storeys, and is now 96% sold. It was completed in summer 2018.

The second tower at The Bank is 33-storeys high and will comprise 217 luxury apartments, including one, two and three-bedroom homes. It will be one of only two residential skyscrapers to measure over 100 metres tall in the city and is expected to complete by the end of 2019.
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Tenants will also have access to a private gym, residents lounge and coffee bar, a private kitchen and dining room, on-site cycle storage and secure and private outdoor green space.

Deputy Leader of Birmingham City Council, Brigid Jones, said: "This topping out ceremony is the latest proof that Birmingham is a city quite literally on the up. Our city skyline is being transformed and The Bank is one of the exciting developments helping to make Birmingham an even better place to live, work and invest."

Manish Gudka, CEO, Aprirose, commented: "As Birmingham continues to thrive as the UK's second City, schemes such as The Bank are integral to providing quality housing as the business scene continues to bloom and attract talent to the city centre.

"As The Bank development nears completion we look forward to it becoming not only an iconic addition to the skyline but a part of the fabric of Birmingham. The scheme represents not only a strong investment for Aprirose into a key business destination but a mark of our commitment to Birmingham's continued growth."

John Carlin, Managing Director, Wates Construction Midlands, added: "We're extremely proud of our ongoing partnership with Regal, helping them to realise the vision in the transformation of Birmingham's skyline.

"The topping out of the second tower at The Bank is a significant milestone in the regeneration of this important part of the city and my thanks go to our project team for the hard work and unrelenting commitment to ensure the rapid progress and excellent quality of this development."

(CM/JG)

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