The Jewellery Quarter is Europe's largest concentration of businesses involved in the jewellery trade, which produce 40% of all the jewellery made in the UK. It is also home to the world's largest Assay Office, which hallmarks around 12 million items a year. Historically the Jewellery Quarter has been the birthplace of many pioneering advancements in industrial technology but more of that in another blog! At its peak in the early 1900s the Jewellery Quarter employed over 30,000 people, however due to foreign competition and lack of demand, the industry declined throughout the 20th century. The area is now being transformed into an urban village and hub for creative businesses, whilst maintaining its urban fabric. Its historical importance has led to numerous conservation schemes and it is an Anchor Point of the European Route of Industrial Heritage.
It is also rapidly becoming the place to live with its “village within the city feel.” Birmingham City Council's plan to develop the Jewellery Quarter into a hub for creative businesses has attracted significant amounts of private investment into the Quarter in recent years. Numerous proposals have been instigated and approved for mixed-use schemes in the area. Due to being a conservation area, many schemes involve the refurbishment of existing buildings although there are many new-build projects as well.
Arkade Property would be delighted to discuss your property requirements within the area and viewings of properties could incorporate a historic tour!!