Co-Living Comes To Central Birmingham
Co-living, the shared housing option popular with millennials in the U.S. and now trialling in London, could be about to debut into central Birmingham.
A site at Hospital Street in the city's Gun Quarter is being mooted by local developer Volume.Property.
Volume-Property founder Anthony Laville is preparing a planning application for a 180-bed scheme, Birmingham Live reports.
The £16M scheme will include a mix of shared and self-contained apartments. The planning application will be submitted in the spring.
Co-living has already been explored in Wolverhampton, where the former headquarters of collapsed construction giant Carillion is being transformed into an £8M co-living project.
In London, The Collective’s 546-bedroom Old Oak scheme is said to be among the largest co-living schemes in the world. Unlike the Echo Street scheme it involved the conversion of existing premises. Investors tip co-living as a high growth area in the capital.
In Manchester IQ Student Accommodation has planning permission for the first purpose-built co-living development in the UK. The project will include three towers of up to 25 storeys and 403 co-living units. Work on site is to begin in May.