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Shared living homes with wellbeing in mind
Cordia UK is transforming one of Birmingham’s long underused industrial buildings into a modern, sustainable shared living community supported by a Clean Growth Financing Initiative (CGFI) loan from Lloyds.
Read time: 4 mins Added: 09/04/26
Transforming Bradford Works into a modern living community
Bradford Works sits at the corner of Harford Street and Barr Street, on the edge of Birmingham’s historic Jewellery Quarter. For years, the site stood derelict. Now, it’s set to become a 54 unit shared living development designed for postgraduate students, young professionals, and Gen Z renters seeking connected, flexible urban living.
For Cordia UK, the project is a key milestone in delivering its wider Great Hampton Street Masterplan, by bringing disused spaces back into productive use while preserving the area’s architectural character.
András Kárpáti CEO of Cordia UKBradford Works embodies our mission to merge the charm and character of Birmingham’s industrial heritage with forward-looking urban living. This development shows how design and sustainability can work hand in hand to enhance quality of life and regenerate our cities.
Sustainable finance supporting long-term vision
Lloyds is supporting the redevelopment with a £5.25 million CGFI package, recognising the firm’s commitment to reducing embodied carbon, improving energy efficiency and adopting responsible building materials across its UK portfolio.
For Cordia, the finance forms part of its long-term strategy to deliver projects that meet ambitious ESG goals while creating vibrant communities.
Design that respects the past while building for the future
The redevelopment keeps much of the original structure, significantly reducing embodied carbon.
Key elements of the design include:
- Removing an outdated mansard roof
- Repurposing the basement and existing floors
- Adding two new black terracotta-clad levels with perforated metal panels inspired by the building’s early 20th century history as Fattorini & Sons, makers of medals and enamelled regalia
This approach preserves the building’s industrial heritage while introducing modern, efficient materials that support low-carbon construction.
A low-carbon energy strategy at the core
Shared living built for connection and wellbeing
The development focuses on flexible, community-driven living, reflecting what many renters now expect from modern urban homes. Amenities will include:
- Co working and wellness studios in the basement
- Communal kitchens and lounges on every floor
- A rooftop terrace overlooking the city
- All-inclusive rents that remain around 20% lower than the average one bedroom build to rent property
This model aims to make high-quality, sustainable living both accessible and affordable.
Supporting the evolution of Birmingham’s built environment
For Lloyds, the project represents a shared commitment to creating vibrant places to live while supporting Birmingham’s net-zero ambitions.
Nigel Johns Relationship Director, LloydsBreathing new life into underused buildings is key to Birmingham’s continued growth. Bradford Works stands out for its meaningful retrofit, strong energy performance and sense of place in the Jewellery Quarter. We’re proud to back a team that sees regeneration as long-term value for communities.
Driving positive change across the city
Through Bradford Works, Cordia UK is demonstrating how responsible real estate investment can protect heritage, improve energy performance, and create homes that support wellbeing. The project is a strong example of how sustainable development, supported by Lloyds’ Clean Growth Financing, can help shape the future of Birmingham’s communities.
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