Capital Ventures
We are entrepreneurial developers and placemakers who create long-term value for people, places and projects.
The construction of the Hockley Mills site at 33 Pitsford Street, Birmingham has reached a key milestone.
The event gathered site workers and senior representatives from the companies involved in the project, including Hector McAlpine, Executive Partner of Sir Robert McAlpine, John Parnell, Project Development Director at Sir Robert McAlpine Capital Ventures (SRMCV), Mark Bessey, Regional Director Midlands at Sir Robert McAlpine and Adam Russell, Residential Transactions Manager at Legal & General.
In keeping with the Scottish roots of the contractor, Sir Robert McAlpine, a piper led the guests to the rooftop level of the building, where the traditional pouring of concrete took place and an evergreen bough was nailed to the structure, a tradition which dates back to Roman times to protect buildings from evil spirits. This was followed by an exchange of the ceremonial tankard “for a job well done.”
Legal & General is funding the development at Hockley Mills. Sir Robert McAlpine Capital Ventures secured the forward funding deal to develop the site with Legal & General and appointed sister company, Sir Robert McAlpine, as contractor.
Upon completion in 2023, the scheme will be named Goodsyard and provide 395 one, two and three bedroom apartments alongside a new entrance to the Jewellery Quarter train station, 116 car parking spaces and 28,000 sq ft of flexible commercial space for retail, leisure and offices.
The project team recently invited grassroots and charity organisations situated near the site to bid for a share of a £10,000 grant. After a careful selection process, the funds were awarded to three projects promoting inclusion and providing support to the local communities, encouraging the creation of social value in the area.
Dan Batterton, Head of Residential at LGIM Real Assets, said:
“It is always important to pause and recognise success, and the topping out of Goodsyard gives us the opportunity to do just that; congratulating the whole team on reaching this milestone, whilst also acknowledging the positive impact the development will have on the local neighbourhood. This is our second Build to Rent project in Birmingham, and shows our continued commitment to the City and the sector.”
This milestone is a perfect opportunity to celebrate our collaboration with Legal & General, which makes it possible to bring this exciting BTR development to Birmingham’s Jewellery Quarter and create social value for the local communities.
John Parnell Project Development Director at SRMCV
Mark Bessey, Regional Director Midlands at Sir Robert McAlpine, said:
“This topping out ceremony celebrates the great collaboration and technical excellence demonstrated by the development and construction teams. We are very proud of what has been achieved so far. We look forward to continuing our work with Legal & General to deliver this landmark development and boost the Jewellery Quarter area with contemporary, high quality accommodations and commercial facilities.”
We are entrepreneurial developers and placemakers who create long-term value for people, places and projects.
Andy Street, West Midlands Mayor, toured this new major Build to Rent project in the heart of Birmingham’s Jewellery Quarter which has created 395 new apartments.
Take a tour around Hockley Mills with Quantity Surveyor, Sam Davey, and watch drone footage of the development.
We had the pleasure to welcome the West Midland Mayor and Legal & General's Chief Executive at our site in Birmingham this week.
We have signed a pledge to work with our strategic suppliers and manufacturers to drive CCPI conformance and raise standards in the industry.
Congratulations to our Healthcare team on winning three Awards and a High Commendation at this year’s BBH Awards.
Sir Robert McAlpine Capital Ventures (SRMCV), through its subsidiary Pinnacle Schools (Gateshead) Limited, is proud to announce the practical completion of the new 6th Form building at Kingsmeadow Community School.