The city council’s quest to put an end to its issues around development funded by fractional investment takes its next step on Friday, with the cabinet asked to endorse changes including ramping up financial due diligence and restricting the release of council sites.
The Liverpool-based hotel developer said it has reached an agreement with investors that could see the firm buy back assets placed into administration this year, and intends to open four more hotels “within the next six months”.
The future of offices and a look at developments in Greater Manchester and Liverpool are among the topics under scrutiny at Place conferences in September.
Developer Capital & Centric is reviving plans to redevelop Liverpool’s former Littlewoods building, and hopes to launch a construction tender and start on site this year following a cash injection from the city region.
The company that acquired 122 Old Hall Street, a curved building with a mirrored glass façade near the waterfront, and hatched plans to replace it with two residential towers including what would be the city’s tallest building at 50 storeys high, is selling the site.
The proposed £70m Southport Theatre, the Shakespeare North Playhouse in Knowsley, a £60m packaging centre for Unilever in Wirral and a £600m hydrogen production programme in Halton are among schemes included in the Liverpool City Region’s latest funding bid to Whitehall.
The Imperial Warehouses building on Davies Street in Liverpool, which has planning permission for an aparthotel, is being sold after its owner Mantra Homes was placed into receivership in January.
Calls are growing for Liverpool City Council to take action following the collapse of property companies such as developer Signature Living Hotel and a string of 'problem' schemes but it will not be easy, warned professionals in the city.
The body responsible for the city’s innovation district has launched a strategic vision to guide its direction and expansion over the next five years.
The city council has asked Government to help fund developments, including a new cruise terminal and the next phase of the £1bn science and technology hub Paddington Village, as part of a £1.4bn Covid-19 economic recovery plan.
