M7 Real Estate get OK on Solihull residential development

M7 Developments, the recently launched planning and development business of M7 Real Estate, has received the green light from the Solihull Borough Council for a mixed-use redevelopment project known as “The Green” on a 47-acre brownfield site in the West Midlands, England. In addition, the project recently secured funding from Merseyside Pension Fund.

M7, which acquired the site from Prudential in 2015, is developing the project in phases. The Green will include 570 new homes, 154 senior living units and 145,000 square feet of retail space. M7 recently sold the first phase of the project’s residential component to homebuilder Charles Church — part of the Persimmon group — to build 242 units ranging from one-bedroom apartments to four-bedroom houses. Completion of the first units is slated for late 2020.