Jewellery Quarter

SLC Property is advising a developer on a project taking place near the railway to navigate all the complexities and regulatory requirements that are required when building on or near the railway.

Background

The project involves a development of 395 apartments in a phased scheme in the Jewellery Quarter area of Birmingham. The scheme lies adjacent to the Jewellery Quarter railway station and provides a new access to the station. Issues have arisen regarding additional payments required by Network Rail and SLC Property has been engaged to provide advice.

Services provided

  • Valuation Advisory services for Shared Value negotiations.
  • Advising on Station Change and other regulatory requirements.
  • SLC Engineering has advised upon the impacts of altering the proposed scheme to help meet the rail industry’s requirements.

Key accomplishments to date

  • Understanding grounds of claim and how they match the evolution and creation of the scheme.
  • Developing a negotiating strategy which adequately explains the benefits of the development to the rail industry.
  • Utilising the expertise from the wider SLC group has meant we’ve been able to assist the developer in understanding other issues.
  • Advising the developer regarding the impacts of additional payments upon Development Appraisals.

Challenges

  • Many changes are currently taking place within the rail industry, which has meant we have had to continuously adapt our negotiation approach.

Contact us to discuss your property aspirations and project challenges