The first phase of a new residential development currently under construction in Birmingham has already sold out.

Work has recently started on the Edition Birmingham project next to the city's library and developers Select Property and Sphere Group said the 15-storey first phase, called Park Residence, has now sold all 149 apartments.

The overall project is being built across two towers on the former Paradise Circus city council car park in Cambridge Street.

The developers said apartment sales had so far generated revenue of more than £100 million across both Park Residence and the adjacent, 46-storey Centenary Tower.

The latter was launched to market earlier this year and has so far sold around 130 of its 432 units.

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The buildings will also have 23,000 sq ft of amenity space including a swimming pool, gymnasium and yoga studio on the 44th and 45th floors.

There will also be a climbing wall, co-working spaces, private dining and external terraces with a cinema screen. The project is expected to create 300 jobs, including 60 apprenticeships and work experience roles.

Completion of Park Residence is expected in 2027 followed by Centenary Tower in 2028. Earlier this year, Midgard was appointed as the project's main contractor.

Sphere Group chief executive Alex Neale said: "The rapid sales of apartments, with still over a year to go until the completion of phase one, speaks to the excitement we're seeing on the ground about this world-class development.

"Things are moving at pace and people in the city will be able to see this new landmark taking shape over the course of 2026."

Select Property's chief executive Adam Price added: "We're really pleased with the pace of sales, all driven by people who want to own a piece of what will be Birmingham's most prestigious new residential development.

"The city has a young and growing population, along with billions of pounds of investment, most notably at Paradise which is a stone's throw from Edition.

"It's a compelling investment opportunity for owner-occupiers and investors alike."