UK-based Wates Construction has commenced work on a renovation project of a Birmingham office block, Phoenix House.
Ardstone Capital, an Ireland-based real estate developer, has selected Wates Construction as contractor.
Slated to be completed by November 2016, the renovation work of the office block in Newhall Street, in the heart of the Colmore Business District, will cover an investment of £8.4m.
Wates Construction will be responsible for the development of 50,000ft² of Grade A office space across nine floors of the building.
Under the project, the building will see a complete revamp of its existing floor plates and extensions from its front to the back.
The facade of the building will also be removed and installed with glass windows from top to bottom.
The development will have a new reception area and modernised entrance on Newhall Street.
The refurbishment has been designed by the UK’s AHR Architects.
Wates Construction Midlands business unit director Richard Scarrott said: "After experiencing significant growth over recent years, Birmingham is seeing increased investment in new commercial developments, with the city’s market heading towards a record one million square feet of activity in the past year.
"We are extremely proud to be playing a central role in catering for the city’s thriving business landscape and look forward to pushing ahead with the project this year."
In addition to this, Wates Living Space Homes has been selected as the main development partner for a regeneration project in north Halifax.
Under the project, Wates will have to develop nearly 500 new homes on Calderdale Council and Pennine Housing sites.
Image: Wates Construction has commenced work on a renovation project of Phoenix House. Photo: courtesy of Wates.