One of Birmingham’s most active property development companies has appointed a new managing director to spearhead its projects in the city.
SevenCapital has recruited Angus Michie, a former divisional chairman for national housebuilder Berkeley.
He spent 24 years with the company during which time he held a number of senior roles including founding the St Edward joint venture with M&G and establishing the group’s newest brand focused on the West Midlands called St Joseph.
In his new role, Mr Michie will drive the company’s residential activities and lead the business’ growth strategy and expansion across Birmingham, London and the South East.
SevenCapital is behind a string of residential and commercial developments in the city including the Park Regis hotel and neighbouring St Martin’s Place apartment block, in Broad Street, and the forthcoming Connaught Square scheme, in Digbeth.
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Mr Michie said: “SevenCapital is a fast-growing and exciting property group that has made huge strides within the industry over the past decade, leading the way for modern residential development in Birmingham and the London peripheral.
“I am looking forward to applying my expertise and experience of driving forward industry leading projects and leading the team as we embark on the next decade of growth.”
Chairman Bal Sohal added: “Angus is a fantastic addition to the group’s core business as a residential developer and I am extremely pleased to have him onboard.
“His incredible track record at Berkeley speaks for itself and I’m excited for the future of SevenCapital under his leadership. We extend a very warm welcome to Angus.”
In a separate announcement, its residential division SevenHomes has submitted a planning application for 30 homes in Northfield on the former Ross House NHS site.
The company acquired the 2.4-acre brownfield site off Sheldon Road last year from the NHS after it had been classed as surplus land.
The new development, to be called The Crescent, will feature a range of terrace, detached and townhouse units from two to four bedrooms, with a gross development value of £7.5 million.
Jonathan Richards, managing director at SevenHomes, said: “Having sat disused for some time as surplus land, this site can now be revived and used to build a small community of modern, family homes which will be ideally located near to key medical facilities, amenities and transport networks.
“Equally, it means capital from the sale will be put to good use where it’s needed within the NHS which is more important than ever.
“I’m really pleased to have been able to submit plans so soon after acquiring the land and look forward to them being approved and working with the team at SevenHomes to turn plans into reality.”