Macquarie’s Goodstone Living to deliver UK’s largest modular BTR scheme
Goodstone Living has secured more than £100 million (€117 million/$129 million) of debt financing and appointed a construction partner to support the delivery of the United Kingdom’s largest modular build-to-rent residential community in Birmingham.
The build-to-rent residential community, branded “Smith’s Garden”, will comprise 550 next-generation rental homes centered around over an acre of private garden — one of the largest in central Birmingham. Other amenities include a co-working space, fitness center and creche.
The design-led homes being developed by Goodstone Living at Smith’s Garden will be spread across six buildings, including a 26-story tower. The buildings will be manufactured offsite by Elements Europe at its modular factory in Telford.
Goodstone Living will reduce embodied carbon e