Construction has officially been completed on The Octagon, Birmingham’s tallest building and the world’s first pure octagonal residential skyscraper. The 49-storey tower, standing at 155 meters, is now ready to welcome its first residents from early September.

Located in the heart of the city on the Paradise estate, the £110m Built to Rent project is backed by City Developments Limited (CDL) and developed by MEPC, the specialist development management arm of Federated Hermes. The building is part of the £1.2bn Paradise estate, which aims to create a mixed-use space with restaurants, leisure facilities, and excellent connectivity.

The 370-unit Octagon features a range of one, two, and three-bedroom homes with incredible views across the city. Residents will have access to amenities such a stylish resident’s lounge, a private dining area, co-working spaces and a fully equipped gym, together with concierge services and a retail unit.

Mr Neil McGinty, director at CDL said: “Today is another key chapter in the story of The Octagon. Our original investment was recognised as one of the largest Foreign Direct Investments made in the UK regions in recent years, and that investment has now come to fruition as we prepare to welcome our first residents. This moment underlines our commitment to Birmingham as a world-class, international destination with a strong regional economy and an exceptional future.”

“The Octagon is moving Birmingham into a new era of city centre homes in terms of both quality and location. We’re offering some of the finest city centre homes ever seen in the UK and establishing a powerful narrative for the city. With a world-first design and highly sustainable ethos, The Octagon is already an important part of the city’s skyline.”