Nexus, Legacie complete £45m Liverpool resi
Work has wrapped up on the 457-apartment Element – The Quarter project, three years after the developers acquired the stalled site.
Nexus Residential and Legacie Developments have reached practical completion on the development, which has delivered 316 residential and 141 purpose-built student flats on the corner of Low Hill and West Derby Road.
Billed as the city’s first co-living eco-development, the Falconer Chester Hall-designed project features low-carbon technologies, including solar panels, e-car charging points, air-source heat pumps, and a rainwater recycling system.
Legacie and Nexus have also announced that they will plant nearly 50,000 trees in the Amazon rainforest to help negate the environmental impact of the construction industry.
The developers picked up and unveiled fresh plans for the Liverpool site in December 2020 following the collapse of the previous developer Primesite in 2019. Designed by architect Brock Carmichael, the original plans featured 146 student flats and 286 apartments.
Work restarted on the scheme in May 2021, with Legacie Contracts appointed as the main contractor.
Legacie and Nexus secured £11m funding from lender Together last August for the £45m scheme.
John Morley, chief executive of Legacie, said: “The site was an eyesore before we took over and had sat derelict for many years.
“However, it is now an eco-development Liverpool can champion, and underlines our commitment to a sustainable future within the construction and development industry.”
Michael Gledhill, managing director of Nexus Residential, added: “This is another scheme that further demonstrates our commitment to Liverpool’s ongoing regeneration, successfully delivering another landmark development with eco-friendly features at its heart.
“Our partnership with Legacie Developments continues to create new homes and thousands of jobs, as well as bringing in ongoing revenue streams.”
Investment house RWinvest has led the international sales drive on Element – The Quarter.
This is not the first time Legacie and Nexus have worked together in Liverpool. The pair finished work in July to deliver 78 apartments off Lemon Street.
Hats off again to Legacie rescuing another site, it’s on a prominent position where Low Hill meets Everton Rd.
They have up to now shown they can develop sensibly without upsetting too many people.
By Anonymous
Indeed, it’s positive news that this project has been finally delivered by two successful partners, but I can’t help thinking that perhaps a handful of the 50,000 trees earmarked for the Amazonian Rainforest could have been reserved for Element – The Quarter to help it ‘soften’ its rather austere frontage and blend it into the streetscape. In fact, the city centre, in general, would benefit greatly from a much higher level of planting across its public realm, particularly the neglected areas of the city centre that in truth wouldn’t take much to bring them alive again with low-maintenance foliage and wildflowering. We seem to be way behind the curve when it comes to factoring in nature to the development process.
By Dezine
Wow, what architectural eyecandy.
By Tom
Not a tree in sight, why can’t LCC planners be more concerned about Bio Diversity and Greening the city instead of chopping building heights? A terrible design with a non active frontage facing onto a narrow pavement, what a shambles.
By Anonymous
Really good to see it finished but small comfort for the original investors in the Tomlinson lead Primesite scheme, who, like hundreds of others, lost their positions.
By Alan