Moda Living (Moda), the leading developer, operator and owner of private, build-to-rent (BTR) homes, and joint venture (JV) partner Apache Capital Partners, have submitted a planning application to deliver a 722-home build-to-rent development in Birmingham.
The plans were formed following extensive engagement with key stakeholders including Birmingham City Council, the Jewellery Quarter Development Trust, the Jewellery Quarter Business Improvement District, Colmore Business Improvement District, the Birmingham Civic Society, local councillors, local businesses and members of the public. Moda also held a two-day public exhibition towards the end of February which was attended by over 175 individuals.
Moda and Apache Capital’s total investment of £445m will deliver 1,200 homes in Birmingham. This will support Birmingham’s ‘Big City Plan’ and account for a massive 24% of the councils target of 5,000 new homes per year in the city.