£85m plan for 400 homes around Edgbaston cricket stadium
Plans have been unveiled for an £85 million redevelopment around Edgbaston cricket ground, with nearly 400 new homes.
The proposals for a four-acre site around the stadium will also see a new main entrance on Edgbaston Road, a plaza area for match-days and an extension to the car park site behind the RES Wyatt Stand.
Warwickshire County Cricket Club has sealed a deal with international property investment group Patrizia UK and the Government's Homes & Communities Agency for 375 new 'build to rent' homes as well as new shopping and catering opportunities.
The new development still requires planning and local consents.
Stadium and cricket club chief executive Neil Snowball said: “This next phase of our development is great news for the club and for the city of Birmingham. The apartments and retail outlets, combined with the new entrance and plaza, will make the stadium a 365-day–a-year destination and further enhance our match day experience for our members, our supporters and for cricket fans from around the world.
"The announcement of this new development is another key stage in our 20-year Edgbaston Stadium Masterplan that started in 2010 with the £32 million investment in the stadium including the iconic South Stand, which provides world-class facilities for our members, players, officials, press, broadcasters and hospitality guests.
“The vision of Warwickshire CCC is to be the very best cricket business in the world and we look forward to working with Patrizia and our key stakeholders across the city in order turn these plans and ambitions into reality.”
Patrizia UK will now develop detailed design plans for the development before starting public consultation and seeking planning permission.
James Muir, managing director at Patrizia UK & Ireland, said: “We set out with a clear strategy for our UK Build To Rent platform which was to target urban centres with strong demographic fundamentals.
“Edgbaston is an established and thriving part of Birmingham, and this particular location has access to the best of the city, including sports, employment, entertainment and dining out. We are pleased to have agreed this plan with both Warwickshire County Cricket Club and the Homes & Communities Agency which is aligned with our commitment to build more UK homes.”
