Liverpool’s Voyager scheme to progress

Fit-out of Caro Developments’ 127-apartment rental scheme in Liverpool has begun and the project is expected to complete in the coming weeks, the developer said.

The city’s ability to root out problematic developments funded by fractional sales has been bolstered by measures such as a draft code of practice for council officials and a new approvals process for the sale of any council-owned land, according to a report.

The developer has agreed to buy the 145-apartment second phase of Parliament Residence in Liverpool’s Baltic Triangle out of receivership, and plans to invest between £15m and £20m in the project.

Sheffield-based Milestone Group has signed a 16-year lease for 12,000 sq ft at asset manager Queensberry’s Liverpool scheme, where it will operate a food hall for independent traders. 

Following its appointment, the housebuilder has lodged early-stage plans to build the 258-unit first phase of the residential development in St Helens.

The developer's construction arm has reached the highest point on its 574-unit student accommodation scheme on Norton Street in Liverpool.

The developer who fronted troubled Liverpool schemes including Herculaneum Quay and The Rise has been declared bankrupt in the city's County Court.

The financial giant's merchant banking division, working with operating partner Pitmore, has acquired a 918-home portfolio of North West rented houses from Gatehouse Bank.

Duncan Birch, the developer behind a plan to convert a warehouse in the Baltic Triangle into a 42-bedroom hotel, has lodged alternative plans for a 25,000 sq ft office at the Watkinson Street site.