A planning application for the world’s first pure octagonal residential tower has been approved.
The Paradise redevelopment is being brought forward through Paradise Circus Limited Partnership (PCLP), a private-public joint venture with the authority.
The private sector funding is being managed by the international business of Federated Hermes. Argent is the development manager.
Octagon will form the latest phase of the £700m Paradise development.
The 49-storey, 510 feet tall tower will provide 370 residential units, comprised of one, two and three-bed apartments.
The applicant has confirmed the proposed provision of 30 apartments for affordable private rent, equating to 8.1 per cent of the total number of apartments.
There are no car parking spaces proposed for residents or the commercial tenants.
link source - Insider Media - Property