You are here: MCD Property > Press Releases > Regeneration across the Nation MCD Press:PaD MagazineRegeneration across the Nation Playing a primary role in Birmingham city centres renaissance since the 1990s, MCD Developments has progressed to become one of the regions leading lights in urban regeneration. Currently investing some £300million into complex mixed schemes, the award winning developer is once again demonstrating its commitment to the citys transformation with the release of a stunning new show home at Derwent Foundry, its latest project in the hip Jewellery Quarter.

Situated just off St Pauls square and fronting Mary Ann Street, the £23millon mixed-use conversion of a grade ll listed former foundry symbolises the preservation of a important part of Georgian history. Now, however, the apartments fit perfectly within the prosperous new residential district of St Pauls, a honey pot for creative talent and a blossoming new community.

Comprising 98 one and two bedroom properties (of which just 10 remain), Derwent Foundry has attracted the attention of city professionals seeking individuality and style. Several apartments feature unique layouts designed to embrace the original fabric and characteristics of the building; indeed, large arched Victorian windows and vaulted ceilings have been restored (as has beautiful stone and brickwork) in creating these distinctive new homes.

Derwent is a truly imaginative scheme says Jan Eldridge, MCD Sales and Marketing Director. Being set in heart f the citys creative village, design integrity was crucial in attracting the new market of discerning, design articulate purchasers who are drawn to the oasis of individuality, greenery and growing sense of community.

It is hard to believe you could enjoy such a feeling of calm in the city; residents can sit out reading the Sunday papers or meet up with friends after a hard days shopping literally on your doorstep, concludes Jan.

Derwent Foundry, also incorporating 9,000 sq ft of office space, is the latest in a line of successful regeneration schemes undertaken by MCD. The conversion of Brindley House, a 1970s tower block once dubbed Birminghams ugliest building, is a key example of the developers new approach to regeneration-and as one of the first firms to note the potential of the now fashionable canal network (its award winning schemes include King Edwards Wharf and Islington Gate, both of which won major plaudits from British Waterways for contribution to regeneration). MCDs track record speaks for itself.