The developer behind Birmingham's most-expensive city centre apartment is to lead a stalled scheme off Broad Street.
Jewellery Quarter-based Elevate Property Group has taken on plans to build new apartments on a pay and display car park in Tennant Street.
They by a London-based, private developer called Romar Investments but the project stalled amid wrangles with the city council over parking and how many flats could be built.
Initial plans for a complex reaching around 12 storeys and containing up to 120 flats was discouraged by the council amid
A second version of the because it contained no parking before outline consent was finally awarded in containing up to 40 flats, retail units and 13 parking spaces.
Now, Elevate has taken over the project - to be called Tennant Street Lofts - and has lodged a new application with the city council for the site.
It is planning to build up to 40 two-bedroom, loft-style apartments in a development of up to six storeys, again with 13 parking spaces which is due for completion in summer 2018.
In 2015, Elevate carried out a regeneration of the former Debenhams sold for £1.8 million.
The company is also behind and St Paul's House, in the Jewellery Quarter, and - making Tennant Street its fifth project in two years.
Elevate's managing director Steven Dodd said: "Tennant Street Lofts is the right development at the right time in the right place.
"It lies parallel to Broad Street and is a short walk from Brindleyplace, Mailbox and the new HSBC retail banking division currently under construction.
"It is ideally placed in a city that is currently rated the most popular destination for Londoners wishing to make a new life outside of the capital."
Rickett Architects and project manager JLQS are working on the scheme and a decision is expected in May.
