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PRIVACY
Commercial Property

Seven Capital set for green light on latest apartment complex

Eyesore plot near Broad Street could become new £17m housing scheme containing 112 flats if backed by city planners

CGI of the Granville Lofts development

A residential project to revamp a derelict plot near Broad Street looks set to receive the green light next week.

, the property investment company behind has applied to build 112 one- and two-bedroom apartments on the corner of Granville Street and Holliday Street in a £17 million new-build project.

The development, to be called Granville Lofts, has been recommended for approval by city council officers ahead of the authority's planning committee meeting next Thursday.

Seven Capital bought the plot from RBS's investment arm West Register which has stepped away from the project.

It initially but the revised submission now has no studios.

The project, which would reach up to a maximum of seven storeys, would contain 60 one-bedroom and 52 two-bedroom flats alongside 51 parking spaces and a further 52 for bikes.

A report published ahead of the meeting said: "The principle of redevelopment of this site for residential development is consistent with local and national planning policy.

"In addition, there is an extant planning consent for residential development.