We were pleased late last week when the Elevate Property Group’s, proposed new scheme on Holloway Head & Marshall Street was granted planning permission for redevelopment. This handsome nineteen thirties former furniture depository which we introduced to the developer is now going to be given new lease of life as fifteen authentic loft apartments with four sensational & already controversial penthouses.
The D5 Architects designed project located close to The Cube, beside The Mailbox is in a fast improving location which benefits from easy access into New Street & the City core, as well as all the bar & restaurant life nearby beside the canal.
Against the trend of ever smaller apartments these units are large, very large, from 1050ft -2750ft for the lofts and 2000ft-to over 4000ft for the penthouses. The developers and ourselves have witnessed this increasing demand for bigger units & the successful sale of Viceroy House, a superb niche loft scheme sold largely off market in the Jewellery Quarter late last year highlighted this shortage both of authentic lofts but also that of big open spaces . With all the Concorde House apartments having parking we expect Concord House to touch a nerve to go similarly quickly to like minded individuals wanting space in the heart of the City.
Delivery is next summer but we are hoping to give access on site in the coming weeks. Prices for the first two floors, which start from the second floor, at £275000 & go to £675000. Penthouse prices have yet to be released.