UK: Investor and developer PATRIZIA has launched Corkfield, a 375-unit BTR scheme in Edgbaston, Birmingham.
Phase I of the development, comprising 164 apartments, has been released to the market, and will be managed by operator Native Residential.The first residents will move in this month.
Located next to Edgbaston cricket ground, Corkfield features more than 30,000 square feet of shared and social space, including an eighth floor roof terrace, a large outdoor TV/film screen and entertainment room, a landscaped courtyard with pergola and seating, flexible wellness studio, coworking space and boardroom, free WiFi and a private dining facility available to hire.
There will be eight full-time staff based on site, including a 24/7 concierge service.
The development contains a mix of studios and one-, two- and three-bedroom furnished apartments, 127 of which have balconies.
Corkfield also has 340 car parking spaces, 40 EV charging points and 228 secure cycle storage spaces. The apartments range from £1,100 to £2,200 per month.
Olivia Seaton, asset manager at PATRIZIA, said: “Edgbaston is Birmingham’s most sought-after address, combining easy access to the city centre with a leafy setting. Alongside the Stadium right on our doorstep, the Midlands Arts Centre (MAC) – with its programme of film, theatre and arts events – and Cannon Hill Park are right across the road. Edgbaston Village, Moseley and Stirchley are all walkable and offer lively bars and bakeries, with restaurants ranging from friendly independents to gastro pubs and Michelin stars. Take-up of the apartments has been brisk. More than 800 people are expected to live at Corkfield and we look forward to building a vibrant new community here.”
Rajiv Mehta, director of operations (UK) for Native Residential, added: “We are delighted to be appointed by PATRIZIA on this landmark asset in Birmingham. This appointment recognises our capability in operating best-in-class assets which drive leading outperformance, through their focus on design, community, and service. We have now successfully recruited a stellar senior onsite team and we are greatly looking forward to welcoming the first residents to the scheme.”
