PROJECT DESCRIPTION
‘The Axium’ is a new development on a 2.26-acre site located in the heart of Birmingham.
Located just south of Holloway Head, The Axium is bounded by Windmill Street, Florence Street and Bow Street and just a few minutes’ walk from the city centre, Grand Central-New Street Station and the Colmore Row business district.
The property comprises 304 high-end residential apartments designed with practical and well-though out layouts, fitted with luxury finishing and specifications, fully equipped modern kitchen designs are fitted with German branded appliances as well as full tiled bathrooms with Porcelanosa sanitaryware.
Hathway involvement:
- Original land appraisal and underwriting
- Managing the land parcel purchase: advisory
- Managing and appointing the Consultant teams
- Working with the local development partner to secure planning consent
- Negotiating terms for and assisting with the appointment of the local development partner
- Sourcing the bank debt and other lending sourcing
- Managing the main contractor tender procurement process and appointment
- Managing all Sales and Marketing strategy and administration
- Development oversight throughout the planning and construction programme
- Practical completion and subsequent SPV company dissolution
PROJECT DATA
Project end Value:
Project completion:
Location:
Sector:
Est. gross floor area:
£83 million
Q4 - 2020
Birmingham - UK
Residential
245,000 sq. ft / 22,876 sq.m
