Legacie starts on Parliament Square
Work has begun on the developer’s flagship £90m Parliament Square scheme on the edge of Liverpool’s Baltic Triangle.
The scheme will see the construction of 500 apartments across four blocks, and will include a public plaza surrounded by shops and restaurants, amounting to around 12,000 sq ft. A penthouse apartment at the top of the building has been listed on the market with Aspen Woolf for more than £1.5m. Prices for the one, two and three-bedroom apartments start at £94,000.
Consent was secured in September last year for the project, with Legacie reporting in November that with 40% of apartments sold to overseas buyers, it hoped to start on site in the first quarter of this year. The developer this week told Place that it had instead focused on delivery at Ropemaker Place and Reliance House, now shifting its focus to this project. Legacie Construction will deliver the scheme.
John Morley, managing director of Legacie, said: “Parliament Square will have a transformative impact on Liverpool and will provide a significant boost to the area immediately outside of the city centre.
“It is a unique development in that it will offer all of the facilities of a hotel on a residential complex. There will be restaurants, boutique shops and amenities including a gym and rooftop spa that will be available to residents. The public plaza will also be a gateway into the Baltic Triangle.
“This is a major development. The significant international and regional interest in the scheme reflects Liverpool’s appeal as a thriving destination to live and work. We expect it to become one of Liverpool’s most popular addresses.”
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Nice looking scheme – let’s hope it gets delivered in full as the claims made for it are spot-on.
It’ll be a great gateway for Baltic and the additional employment space and animation at ground floor will be most welcome. Mind, would you pay £1.5m for a penthouse knowing that the rest of the building was let on short-term tenancies and to Airbnb punters? Not sure I would.
By Sceptical
This development must add further justification for re-opening the old St James railway station.
By Forward Thinker
A fractionally sold gamble, hope it pays off as it’s a cracking site from a decent developer.
A far better bet for anyone considering an investment than any other scheme in the city.
By Carl
I think the metro mayor has committed to Baltic underground, (St. James). He will certainly hit a lot of outputs on that one: employment; leisure; place; visitor economy… The views from the top will certainly be good, cathedral and Waterfront, but 1.5 million!!…
By Liverpolitan
I’ll believe it when I see it. These fractional sales developments have a habit of not delivering; and when/if they finally do, they are never quite the luxury or quality promised.
By Anonymous
Excellent
By L17
Piling rig and other equipment onsite today!
By causal observer
Looks fantastic, this should transform the junction and push the city centre further south. The views from that location will be spectacular, very promising! If the council deliver St James station this area will absolutely thrive!
By D. Winner