Birmingham just scaled new heights in luxury city living, with the announcement of St Martin’s Place.
The unique plans for the luxury apartments – revealed this week – further compliment the transformation of the UK’s Second City into a world class destination.
Coming with full VIP services from the glamorous Park Regis Hotel, St Martin’s Place residents will enjoy a lifestyle option rarely seen outside central London.
But with a much more affordable price-tag for both investors and tenants.
City centre living is becoming more and more popular, and in Birmingham this is being boosted by the increase in exciting career options being offered with the expansion of business in the city.
Birmingham is on the shortlist as the new home for Channel 4, plans are mooted to move part of the Bank of England here, HSBC is already moving its headquarters in and 3,600 HMRC workers are on their way.
Being perfectly placed in the heart of the city, St Martin’s Place, the latest development from leading UK developer SevenCapital, will give residents access to the best that Birmingham has to offer – with its Michelin-starred restaurants, string of celebrity dining brands, luxury retail outlets, cool independent scene, international sports venues and world class cultural offering.
With its wealth of transport options – roads, rail, trams and two airports nearby – the Midland city is well-serviced for residents to access destinations across the UK, Europe and rest of the world.
And when HS2 arrives in 2026, London will be accessible in just 49 minutes.
St Martin’s Place – due for completion by the end of 2020 – is undoubtedly the most sought after address in Birmingham, and beyond.
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Here are just a few of the reasons why:
A VIP lifestyle every day
The 228 apartments at St Martin’s Place will be fully serviced by the first class four star Park Regis Hotel – offering a VIP lifestyle every day with a state-of-the-art gym, cinema, spa, restaurants bars.
There’s even a night time bed turning option.
The development, located between Broad Street and Tennant Street, comprises five apartments with three bedrooms, 105 apartments with two bedrooms and 118 apartments with one bedroom.
It will feature sumptuous interiors designed by Daniel Gibbons of The Luxe Interiors, whose star clients include Premiership footballers from Real Madrid, Manchester United and Tottenham Hotspur.
St Martin’s Place is bringing the exquisite splendours and iconic experience from places like London’s world class One Hyde Park to the Second city, but with a two bedroom deluxe apartment costing from £299,950 – it’s much cheaper.
A city where you can succeed
The UK’s second city welcomes 30 million visitors every year from across the UK, Europe and the world and this is set to grow.
Birmingham is the fastest improving city to live and work, according to the 2017 Good Growth for Cities index report by PwC and Demos.
It has the strongest economy outside London worth £24.8 billion, according to Business Birmingham.
The city is also home to the largest business, professional and financial services (BFBS) hub outside London – employing more than 100,000 people.
There are 4.3 million people of working age within a one-hour drive of the city centre along with 20 universities producing over 130,000 graduates every year.
Greater Birmingham received the highest level of foreign direct investment in the UK in 2017 and the city centre has the potential to create 40,000 new jobs – including 19,000 in the BFBS sectors.
St Martin’s Place is in a key location for business in Birmingham, including Brindleyplace (home to Deutsche Bank), Arena Central (new home to HSBC and HMRC), and the city’s £700 million Paradise re-development.
Other key companies in the city include RBS Group, Lloyds Banking Group, Barclays, Wesleyan Assurance, Certegy Card Services, Paragon group, Direct Line and Legal and General.
Global professional services firm EY has announced plans to triple its financial services team to over 100 in the Midlands by 2020 to keep up with growing financial services demands in the city.
Other business opportunities include the University of Birmingham’s plans for a new Life Sciences Park just for miles from the city centre – establishing the Midlands as the sector’s leading light in research and development in that field.
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St Martin’s Place capitalises on Birmingham’s transformation
The annual growth rate for house prices in Birmingham has averaged between five per cent and 10 per cent since mid-2015, and has outperformed the wider UK market for more than a year, according to data from the ONS.
Yet Birmingham residential property prices are less than a quarter of those in the capital, while the Second City’s amenities and lifestyle continue to develop – making the city the most popular destination for young workers migrating from London in 2016 – ahead of Manchester, Leeds and Bristol.
Young workers are continuing to benefit from the job opportunities in the Second City, which saw a 50.4 per cent month-on-month job growth in 2017, according to CV-Library.
Retail, leisure and residential will be further boosted by the £500 million development of Birmingham Smithfield, which will be transformed into a vibrant retail, leisure and residential destination, expected to create 3,000 new jobs and add £470 million GVA to the local economy.
Plans for Channel 4 and the Bank of England are yet to be decided.
But St Martin’s Place will also sit next to Edgbaston Village, renowned for its elegant homes, internationally recognised sports venues – Edgbaston Cricket Stadium and Priory Club – Botanical Gardens, the Barber Institute of Fine Arts, and top-rated bars and restaurants.
Birmingham is also the proud host of the 2022 Commonwealth Games set to showcase the best of Global Britain to the world.
The largest sporting event in the UK since the 2012 Olympics in London is set to generate an estimated £750 million for Birmingham’s economy.
With St Martin’s Place set to complete by the end of 2020, residents won’t just be the envy of Birmingham – there will be many more vying for their luxury lifestyle in this exciting city destination.
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