Construction work on a major new canalside housing estate in Birmingham has completed.
Soho Wharf has 752 units comprising 650 apartments and 102 townhouses which are available to rent only, including 64 homes at 20 per cent discount on market rate.
There is also 10,000 sq ft of commercial space, 300 parking spaces and a new bridge connecting the estate with the canal network while 40 per cent of the site is taken up by green space.
Lease agreements were agreed on almost 90 per cent of the properties between March and September.
Soho Wharf has been built on derelict land opposite City Hospital at the corner of Dudley Road and Heath Street South in the Ladywood district.
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More than 100,000 sq ft of brick and corrugated iron industrial buildings and warehousing, which have been largely unoccupied and derelict for years, were removed from the brownfield site to make way for the new development.
It comprises a series of buildings reaching up to 14 storeys over a 11.6-acre site which adjoins both the Old Line and Main Line canals. The project has been led by developer Galliard Apsley Partnership working with investor Heimstaden Bostad.
The Swedish property company announced in 2021 that it had struck a £160 million deal to forward fund the project, marking its debut entry into the UK market.
Heimstaden Bostad's head of UK operations Amit Kumar said: "We are tremendously proud to mark the completion of Soho Wharf, a true testament to thoughtful design and community integration.
"Our ambition was always to create a lively, cohesive neighbourhood in Birmingham where sustainability meets convenience.
"The rapid uptake reaffirms our commitment to offering friendly homes that not only fit seamlessly into the city's fabric but also address the modern resident's desire for connectedness, comfort and a sustainable way of living."
Gerard Nock, chairman of Galliard Apsley Partnership, added: "The completion of Soho Wharf stands as proof to our unwavering commitment to reimagining urban spaces.
"Through innovative design and collaborative partnerships, we have created not just homes but thriving communities and we're excited to see Soho Wharf transform Birmingham's urban landscape for the better."
