Arc & Co. and Paragon Development Finance complete £10.36m loan for Birmingham Jewellery Quarter scheme
19 November 2025
Arc & Co. has arranged a £10,360,000 development facility with Paragon Bank’s Development Finance division to support a regional developer in delivering a new 53-unit residential scheme in Birmingham’s historic Jewellery Quarter.
Recognised for its heritage character, proximity to the Colmore business district, independent retail and hospitality offering, and excellent transport links, the Jewellery Quarter remains one of Birmingham’s most sought-after urban neighbourhoods. Buyer and investor demand in the area continues to strengthen, driven by the appeal of premium city centre living.
The developer has an established track record across Birmingham and the wider region, consistently delivering successful residential schemes. Construction on the project is underway, with phased sales scheduled across the 30-month programme. The funding structure has been designed to provide flexibility throughout the build and anticipated sales cycle.
Following a competitive tender process managed by Arc & Co., Paragon—based in nearby Solihull—was selected for its competitive pricing, reliability, and specialist sector knowledge.
Key Funding Details:
- Loan Type: Development Finance
- Location: Jewellery Quarter, Birmingham
- Units: 53 apartments
- Gross Loan: £10,360,000
- Lender: Paragon Development Finance
- Term: 30 months
Tom Berry, Director at Arc & Co., said:
“We are pleased to have delivered a cost-efficient and robust funding structure for our client through Paragon Development Finance.
“Our tender process ensured the client secured not only the most competitive commercial terms, but also a lender aligned with the pace and ambitions of the scheme.
“Adrian and Lilly at Paragon supported the transaction seamlessly, providing excellent service throughout.”
Adrian Reeves, Senior Relationship Director at Paragon Development Finance, commented:
“We’re delighted to support the successful completion of this facility for a highly experienced client and equally pleased to be establishing a new relationship with them. The project is further strengthened by its location in Birmingham’s Jewellery Quarter—a highly desirable area for buyers and renters—situated just a few miles from Paragon’s headquarters.”
The development will contribute to the ongoing regeneration and residential growth of the Jewellery Quarter, reinforcing its position as one of Birmingham’s most vibrant and liveable districts.
