A former factory in Birmingham's historic Jewellery Quarter is set to be converted into a rental scheme following a new round of funding.
West Midlands Combined Authority has supported developers Great Hampton Street Button Works and Hanehouse Developments with their work to restore the disused warehouse at 80-82 Great Hampton Street.
The pair bought the building last summer with consent already in place to create 29 one- and two-bedroom apartments to rent, capable of accommodating up to 53 people.
The apartments will include original features such as exposed beams and brickwork set around two landscaped courtyards but there will be no parking.
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The grade II*-listed Button Works, formerly known as Great Hampton Works, was built in 1872 and designed by Henry Richard Yardley Yeoville Thomason who was also behind Birmingham's Council House.
West Midlands Mayor Richard Parker said: "When you walk past the Button Works factory you see a wonderful building full of character but one in need of restoration.
"We are proud of where we live so I am pleased to see these buildings brought back as part of a vibrant high street in the Jewellery Quarter.
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"We will continue to invest and support developers to regenerate former factories and industrial estates in our region into sustainable and high-quality homes."
Hanehouse director Richard Whitehouse added: "We are proud to have been instrumental in bringing forward this important and impressive building for the next part of its journey.
"From jewellery manufacture in the 1870s to clothing wholesale in the late 20th century and now it will provide high-quality homes in an iconic building.
"We are grateful to the involvement of the combined authority in assisting with enabling the delivery of new homes and we are already looking for our next heritage project in the city."
The undisclosed loan funding from the West Midlands Combined Authority has come from its Residential Investment Fund along with a grant from devolved housing and land funds.