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Commercial Property

Moda Living eyes third site for Birmingham expansion

Residential property firm is already looking to next stage as it unveils proposals for Jewellery Quarter regeneration

Moda Living is planning to build this tower in Birmingham but is already looking for another new site in the city(Image: Ryder Architecture)

Residential property firm Moda Living is eyeing a third site in Birmingham as the firm aims to tap into "a city on the rise".

Not content with two projects in Birmingham, planning director James Blakey told BusinessLive he fully expected the company to secure a deal on a third location.

Yorkshire-based Moda Living is currently on site at The Mercian, a £183 million 42-storey apartment block in Broad Street containing 481 units and a range of amenities including a 200-metre running track.

And it has just revealed proposals for a second project at Ludgate Hill Car Park on the fringes of Birmingham's historic Jewellery Quarter for which plans are set to be lodged with the city council in the coming weeks.

But Mr Blakey said Moda Living was determined to make it a hat trick as the company looked to tap into the city's burgeoning reputation as a place to live and work - one which has already attracted HSBC º£½ÇÊÓÆµ, regional hubs for HMRC and BT and a host of other companies to come here.

"There are a number of sites in and around but you have to be confident you can deliver on them," he told BusinessLive.

"We are already looking at a third site - I can't say where it is yet - but our confidence in Birmingham is at an all-time high, it's a city on the rise.