Court Collaboration pledges £5m social investment as part of Stone Yard scheme

Court Collaboration has completed a Section 106 agreement related to its recently approved Stone Yard scheme.

The signing of the s106 means another key step has been taken towards the delivery of 995 brand new apartments in Digbeth, with 10% of the Build-to-Rent homes now offered as affordable housing, an additional community benefit to the value of £5 million.

The Stone Yard scheme will see the regeneration of the former Bull Ring Trading Estate site on High Street Deritend, delivering an impressive complex of seven separate buildings, with a mix of one and two-bedroom properties.

The development will also include circa 30,000 sq ft of commercial space for uses such as a gym and cinema, co-working space designed to support the city’s abundance of entrepreneurs and SMEs and a facility for the Irish community following the closure of the iconic Irish Centre earlier this year.

Designed by Glancy Nicholls Architects, the scheme will boast two landscaped courtyards offering extra space for homeowners to enjoy the open air and take in the hustle and bustle of city centre living, as well as a new pedestrian boulevard flanked by the commercial space.

Anthony McCourt, CEO of Court Collaboration, said: “People and communities have always been at the core of our ethos at Court Collaboration, so we remain committed to delivering schemes which are much more than just bricks and mortar.

“Stone Yard will be just that and will encourage the best of ‘work, live and play’ with a range of potential leisure and retail opportunities. Therefore, we’re delighted to have completed the Section 106 agreement and committed to the affordable housing in the scheme. We look forward to starting work on site in Q1 2021.”

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