UK’s Galliard, Apsley to redevelop Soho Loop site with $213.9 mln pump in

Joint venture partners, British residential property developer Galliard Homes and peer Apsley House Capital, plan to redevelop the Soho Loop site near the Jewellery Quarter with 165 million pounds ($213.9 million) investment.

Galliard Homes and Apsley House intend to construct over 750 new houses and apartments as part of a canalside regeneration in Birmingham.

The scheme, to be called Soho Wharf, will be situated on an 11.7-acre site off Dudley Road near City Hospital and will adjoin the Main Line Canal.

The companies plan to construct 106 two- and three-bedroom townhouses and 650 one- and two-bedroom apartments in a bid to attract both families and young professionals, alongside over 10,000 square feet of commercial accommodation, new public space and gardens.