Plans have been submitted to demolish Monaco House and replace it with an incredible new development. Monaco House will become New Monaco, a £220 million landmark development, aiming to redefine city living in Birmingham.
Based on Bristol street, the main artery road into Birmingham, the development will comprise 1,050 units and aims to create a modern village environment for tenants and homeowners.
Aesthetically, the new buildings encompassing the New Monaco community will merge crisp urban architecture with the surrounding city landscape, complemented by full height windows to provide natural light throughout all of the units.
MCR Property Group has invested in the innovation of New Monaco, as we believe that community living is the next step forward in the advancement of the UK’s PRS market. As the UK’s second largest city, Birmingham is going from strength to strength. New Monaco is therefore predicted to generate a lot of early interest from investors across the world as one of Birmingham’s most exciting new developments.