GALLERY | Phase one of £250m Tobacco Warehouse completes
Harcourt Developments has sold more than 100 of the first 192 flats within the iconic Liverpool building, while the second phase of the scheme is due to complete in around two years’ time.
Place North West was invited to have a look at how work is progressing on the project.
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Facts and figures
There are 86 different apartment configurations within phase one. The flats range in size from 950 sq ft to 2,750 sq ft. Prices range from £235,000 to £610,000.
Tobacco Warehouse, the largest brick structure of its kind in the world, is being transformed by Harcourt Developments. The building has a floor area of 1.6m sq ft and was built using 27m bricks.
The grade two-listed Stanley Dock building, constructed in 1901, is being redeveloped in three phases. Following the completion of the first phase, which was backed by a £40m development loan from Qsix Real Estate Finance, the next tranche of 180 apartments is due to be handed over by contractor Abercorn Construction in 2024.
Overall, Dublin-based Harcourt’s Tobacco Warehouse project is to deliver 538 apartments and 100,000 sq ft of ground-floor commercial space across three phases. Darmody Architecture is leading on the scheme’s design.
An earlier phase of the wider Stanley Dock regeneration saw the creation of the Titanic Hotel, which completed in 2014.
Harcourt plans to start work on a 99-suite aparthotel within the former South Warehouse, later this year.
The developer is eyeing completion of its Stanley Dock masterplan in the next four years, according to Pat Power, director at Stanley Dock Properties, Harcourt’s delivery vehicle.
The wider context
Tobacco Warehouse falls within the Ten Streets regeneration zone, a 125-acre area of docklands earmarked for redevelopment into a “creativity district” featuring 1m sq ft of development.
Other emerging schemes on Liverpool’s historic docklands include Peel L&P’s £5bn Liverpool Waters and Everton FC’s new 53,000-capacity stadium at Bramley-Moore Dock.
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