New Monaco.


MCR Property Group


1009 units, 16,285 sq. ft. commercial

Local Authority

Birmingham City Council


Residential, Urban Living

Key Project Information

  • £275 million urban village will completely transform the seven acre site on Bristol Street into a unique village community on the fringe of the city centre.
  • Located on prominent brownfield land.
  • The two towers will mark the location with a striking skyline and with their dynamic architectural facades, signpost and identify this part of the city centre.

MCR Property Group had a vision to demolish the existing Monaco House and replace it with incredible new development New Monaco, a £220 million landmark re-defining city living in the centre of Birmingham. The new development aims to create a modern village environment for those living there.

We provided planning expertise to oversee and manage the delivery of the planning consent.

Investment into Birmingham’s Southside area has become vital to improving the levels of high quality housing stock in the city. Receiving the go ahead for our New Monaco development means we can provide much-needed homes to Birmingham residents while carving an exciting new identity for the neglected Monaco House site.

Chris Taylor, fund manager at MCR Property Group

We achieved full planning permission on behalf of MCR Property Group for brand new urban development New Monaco, consisting of apartment blocks ranging between five – 10 storeys which will sit alongside two prominent towers of 26 and 29 storeys, to provide 1,009 homes, including affordable private rental properties.

Plans for the development also include a 7,588 sq. ft. residential hub and 16,285 sq. ft. of commercial space.

The mix of one, two and three-bedroom apartments and townhouses will be managed by a single company and enable residents to upsize or downsize within the development as their lifestyle changes.

Comprising ground-floor shops, cafes and bars as well as landscaped public and private open areas and pedestrian walkways, New Monaco residents will also have access to 335 underground car park spaces, a concierge service, and cycle club.

A new road will link nearby Vere Street with Wrentham Street to connect the development to its surrounding city centre locations.

Architects, Leach Rhodes Walker worked with MCR Property Group and Pegasus Group to bring the ambitious project to life.

New Monaco will result in a dramatic improvement to this part of the city centre, aiding significant revitalisation of Birmingham’s Southside area and meeting  the city’s growing housing needs.