Buyers sought for pair of stalled Liverpool resi sites
Plots in Everton and the Baltic Triangle that could accommodate a combined 450 apartments are being sold out of receivership.
Kroll Advisory has been appointed as receiver over the special purpose vehicles attached to the stalled schemes. Kroll has appointed Mason Owen to find buyers for the sites.
St Anne’s Street site
The first, located off St Anne’s Street close to the Merseyside Police HQ, has previously been the subject of two approved planning applications for 313 and 325 flats.
St Annes Street Limited, an SPV that lists Robert Taylor and former Liverpool footballer Sean Highdale as directors, lodged plans designed by RBA Studio for a 300-apartment scheme in 2020.
The application, updated late last year, has not been determined by Liverpool City Council.
The developers behind the previously consented schemes were Citipads – another Taylor and Highdale venture – and Pointfield Developments.
Baltic Triangle plot
St James Liverpool Limited, the company connected to a small site in the Baltic Triangle with permission for 157 flats, lists Robert Taylor as its sole director.
Hillmore Developments won planning permission for the redevelopment of the 0.5-acre Greenland Street plot in 2016.
Hillmore was dissolved the following year and the site remains vacant.
The opportunity is located next to New Chinatown, another, more high-profile stalled Liverpool site.
Ascot Capital has emerged as the frontrunner to take the controversial 500-home scheme forward, while the city council is also understood to be reviewing its position.
Hope the receivers sell these sites to developers who have proven track records of delivering in the relevant areas and not just to the highest bidders! I.e. Caro in Everton and Legacie in the Baltic. Liverpool doesn’t need any more stalled sites.
By Anonymous
Lets hope some serious investors with money pick these up quickly and get them completed. Liverpool needs to step up a gear and start to work on attracting institutional investors like Legal & General and developers like Renaker and Canary Wharf Group
By GetItBuilt!
Taylor and Highdale also have planning permission on the Norton Point site ,for high-rise and a hotel, presume that will be made available soon as it’s doubtful they’ll proceed.
It’s a very prominent location on the Baltic and would be a great landmark.
By Anonymous
Interested parties please contact Mason Owen Matthew.OReilly@masonowen.com or Andrew.scott@masonowen.com
By Mason Owen
They look excellent 🙂
By Balcony Warrior
Can we please see more variation in design with all the apartment schemes under construction and coming forward – I can’t tell one cgi from another any more. (And given recent history, proven track record goes without saying surely – would add reputable to that comment.)
By Anonymous
@Anon 12.56pm, re design, you
don’t see a lot of variation because the City Council has weird restrictions on height, appearance, etc which means buildings will be stubby and clad in red brick or panelling. Having said that modern design will not give you classic looking buildings, however if you want top quality one way might be to allow more taller buildings, thus making greater yield for the developer, who can then afford better quality materials and size. In that way you might get balconies, more glass etc allowing the external look to vary.
By Anonymous