A high-quality build to rent scheme of more than 300 apartments will bring much-needed life back to a mothballed site within the Baltic Triangle. The development proposed by Neptune Investments has been approved by Liverpool City Council. Our design spreads 324 apartments of one, two and three bedrooms across the existing basement carpark and steps up to 13 storeys in height.
Daniel Hynd, of Neptune Investments, said: `To develop this blighted site overlooking our world heritage waterfront with such an significant £42m residential PRS concept is not only critically important for the city but a first for the North West, we are now working hard on starting work on site as soon as possible.’
The scheme re-uses an existing sub-structure but improvements and modifications to the original proposals put forward by Windsor Developments – who had begun work in 2006 before going into administration – will create brighter apartments and an enhanced central square, featuring communal facilities and attractive soft landscaping.
The apartments, at a location close to the waterfront and the Liverpool One leisure and retail destination, will be aimed at the long term rental market rather than sold speculatively to investors.