Pension Insurance Corporation (PIC) announced the practical completion of its build to rent development, One Eastside, in Birmingham.
The 51-storey tower, which is the tallest building in the city, is expected to start welcoming residents this summer.
The 667-apartment scheme delivers a best-in-class amenity offering, from a 49th floor bar and lounge to co-working spaces, podcast rooms, and an outdoor cinema, alongside significant social value for Birmingham, including 87 local jobs and £33.5m of annual economic value.
James Agar, head of real estate origination at PIC, said: “The completion of One Eastside marks an important milestone in delivering 667 much-needed, new high-quality homes to continually meet the high demand for rental housing in the city.
“As Birmingham’s tallest skyscraper, One Eastside has been designed around the needs and expectations of modern renters. A combination of premium apartments with a genuinely best-in-class amenity offering helps to create an unrivalled proposition that will help drive resident demand.
“Today’s residents increasingly seek more than just an apartment; they want flexibility, convenience, community and experiences within the buildings they call home. One Eastside delivers all of these requirements, providing an environment where people can live, work, socialise and connect.”
