Work is expected to start next month on the new Broad Street residential tower funded by developer Regal (West Point).

The new building will comprise 189 high-end flats, as well as ground floor retail space and public realm.

The appointment, tipped in the Enquirer five months ago, closely follows Wates’ selection to deliver Ardstone Capital’s new speculative Grade A office development at Phoenix House on Newhall Street where building work is expected to complete by the end of the year.

Designed by Glancy Nicholls Architects, the 130,000 sq ft Left Bank development is expected to reach completion by summer 2018.

The scheme adds to Wates’ portfolio of projects across Birmingham, which has recently included the development of Eastside City Park and the fit out of Gowling WLG’s new premises at Two Snowhill.

Phil Harrison, Managing Director, Wates Construction Midlands and North said: “The scale of investment that Birmingham is currently experiencing is an indicator of ever-growing developer confidence and it demonstrates the city’s integral contributions to the strength of both the regional and national economies.”