Wates Construction has signed a £20.2 million contract to build Regal Ltd’s brand new Left Bank residential tower, broadening the contractor’s Birmingham-based project pipeline.
Work is expected to commence this month and will see Wates create a new 22-storey building, which will comprise 189 high-quality apartments, as well as ground floor retail space and public realm.
The appointment closely follows Wates’ selection to deliver Ardstone Capital’s new speculative Grade A office development at Phoenix House on Newhall Street where building work is expected to complete by the end of the year.
Designed by Glancy Nicholls Architects, the new 11,905 sq m Left Bank development on Broad Street is expected to reach completion by summer 2018.
The scheme adds to Wates’ portfolio of projects across Birmingham, which has recently included the development of Eastside City Park and the fit out of Gowling WLG’s new premises at Two Snowhill.
Phil Harrison, Managing Director, Wates Construction Midlands and North said: “The scale of investment that Birmingham is currently experiencing is an indicator of ever-growing developer confidence and it demonstrates the city’s integral contributions to the strength of both the regional and national economies.”