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Commercial Property

Longbridge regeneration named region's best by RICS

First phase of town centre revamp beats 30 other projects to take home the top prize while Newman Brothers Coffin Works wins a brace

The first phase of the long-running regeneration of town centre has won a prestigious regional award.

The scheme was crowned overall project of the year last night at the 2015 RICS West Midlands Awards at Town Hall Birmingham while the restoration of Newman Brothers Coffin Works in the was also a double winner.

Regeneration specialist has been carrying out a wholesale regeneration of the south Birmingham town following the collapse of MG Rover in 2005 which it is estimated will cost in the region of £1 billion.

Phase one of the £70 million town centre element includes a new Sainsbury's, Premier Inn and Beefeater while the region's largest Marks & Spencer store is due to open before the end of 2015.

A total of 31 West Midlands property schemes battled it out at the awards across eight different categories.

Longbridge town centre phase 1 also won the regeneration category before being crowned overall winner.

The black tie event was hosted by TV presenter Phil Spencer and welcomed more than 300 guests.

The other category winners were: