High Performing Buildings – January’s Roundup
The first high performing buildings roundup for 2024 features a £185 million student accommodation scheme, a Dubai "hypertower" and the UK’s first...
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Birmingham’s tallest building and the world’s first pure octagonal residential skyscraper has completed after a three-year construction programme.
The Octagon is situated within the Paradise masterplan in Birmingham, a mixed-use destination developed by MEPC, the specialist development arm of Federated Hermes.
The scheme was led by Midgard and designed by Howells, taking inspiration from Modern Methods of Construction (MMC) and lean production methods throughout the build.
The £110 million Built to Rent project has been recognised as one of the largest Foreign Direct Investments in the UK regions in recent years, backed by global real estate investor City Developments Ltd (CDL) of Singapore.
It’s also Birmingham’s first skyscraper at 155 metres tall.
The Octagon will now prepare to welcome its first residents into 370 new homes within its 49-storey tower. Apartments are available to rent for a minimum of twelve months with rents starting at £1,400 per month for a one bed, £1,995 per month for a two bed/two bathroom and £4,925 per month for a three bed/three bathroom penthouse.
Ross Fittall, Commercial Development Director at MEPC, said: “After more than three years of hard work, led by main contractor Midgard with a long list of local sub-contractors as well as a specialist supply-chain and professional team, including project managers Quantem, we can all now see how impactful The Octagon is to the city.”
Picture: a photograph showing the full height of The Octagon. Image Credit: City Developments Ltd
Article written by Ella Tansley | Published 09 September 2025
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