Trowers advises Eutopia Homes on the sale of Camp Hill Gardens to Goodstone Living
International law firm Trowers & Hamlins has advised Eutopia Homes on the sale of one of the largest consented sustainable purpose built Build to Rent schemes in Birmingham.
The Camp Hill Gardens site is located in Digbeth, a short walk from the Birmingham city centre. It is expected to deliver 500 new homes and central Birmingham's largest private garden. The site will also feature 22,000 sq ft of onsite amenities for residents including a gym, co-working areas and a rooftop terrace. The development will be built sustainably and use at least 50% less operational carbon and 30% less embodied carbon than buildings built to current building regulations.
Trowers have worked with Eutopia on this project over four years, advising on both the original acquisition and now the sale of the site. The project was coordinated by the Birmingham Real Estate Team with support from Trowers' Corporate, Banking and Finance, Property Litigation, Tax and Planning teams.
Partner Simon Robinson, who led on the project for Trowers, commented:
"We are proud to have been able to support Eutopia with this project and congratulate Eutopia on their commitment and creativity over four years working on the site assembly, planning and sale phases of the project. This is a significant development for Birmingham as it makes an important contribution to the regeneration of the Digbeth neighbourhood. We look forward to seeing Camp Hill transform into a thriving community."
Scott Hammond, Founder and CEO, Eutopia Homes added:
“It was great working with the Trowers team who have acted for us throughout the project – including some complex vacant possession negotiations. Like Trowers, we are excited to see this important brownfield site come forward for development in the growth area of Digbeth.”
Simon Robinson was assisted by Jubad Hussain with litigation partner Michael Green leading on vacant possession negotiations.