Construction has completed on a huge new apartment tower in Birmingham city centre.

The £110 million Octagon building sits on the northern edge of the Paradise estate off Great Charles Street and has 370 apartments to rent, ranging from one to three bedrooms, and a retail unit across 49 storeys.

Amenities for residents include a lounge, private dining area, co-working spaces, gym and concierge services alongside a new retail unit.

It is said to be the world's first octagonal residential skyscraper and took three years to build.

The new tower will be managed by Allsop and is due to begin welcoming its first tenants this month.

The wider £1.2 billion Paradise estate is an office-led scheme by MEPC, the specialist development arm of Federated Hermes on behalf of its clients.

Octagon is backed by Singapore-based real estate investor City Developments whose director Neil McGinty said: "Our original investment was recognised as one of the largest foreign direct investments made in the Ƶ regions in recent years and that investment has now come to fruition as we prepare to welcome our first residents.

"This moment underlines our commitment to Birmingham as a world-class, international destination with a strong regional economy and an exceptional future.

"The Octagon is moving Birmingham into a new era of city centre homes in terms of both quality and location.

"With a world-first design and highly sustainable ethos, The Octagon is already an important part of the city's skyline."

Aerial view of the Paradise estate in Birmingham
Aerial view of the Paradise estate in Birmingham

Ross Fittall, commercial development director at MEPC, added: "The practical completion of The Octagon marks another milestone moment, not just for this building but for the wider Paradise estate.

"Welcoming new residents to Paradise is a key achievement for all of us dedicated to creating a true mixed-use destination in the heart of the city.

"After more than three years of hard work, we can all now see how impactful The Octagon is to the city."

Midgard was the main contractor for the project which was designed by Birmingham-based architecture practice Howells.