Anchor tenant secured for Birmingham BTR building

Birmingham BTR
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UK: Developer and investor Topland has secured the anchor tenant for its Paradise View mixed-use development in central Birmingham.

Gym franchise Anytime Fitness is taking 4,500 square feet as part of the regeneration of the former Beneficial Building at Paradise Circus.

The redevelopment, set for completion later this year and opening in January 2024, has seen Topland and partner CoLico Living convert the former office building into 159 BTR apartments, supported by 8,000 square feet of retail and amenity space, in addition to the Anytime Fitness gym.

Paradise View will also include a coworking space, a media and TV lounge and cycle parking for up to 90 bikes.

Sitting next to the £700 million Paradise masterplan, the refurbishment includes a rooftop extension, 120,000 square feet of retail space, three new public squares and Grade A sustainable office provision in the heart of the city.

Sol Zakay, chairman and CEO of Topland Group, said: “Our plans for Paradise View have breathed new life into a dormant building, as we deliver high quality housing and amenity that will support the wider regeneration framework for Paradise, Birmingham. We look forward to welcoming Anytime Fitness to this exciting project.”

Daniel Penn, head of network development at Anytime Fitness UK, added: “We’re excited to be bringing an Anytime Fitness gym to Paradise View. As a franchised business, all our locations are independently owned and firmly embed themselves as a key part of the local community. We will provide the local area with a convenient and caring gym which has everything they need to achieve their health goals.”

BAM Construction has been delivering the refurbishment work at Paradise View.

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