Speculation among Liverpool estate agents suggests residential developer Artisan will go back on site in the coming weeks at the stalled Kings Waterfront apartment scheme, mothballed at the outset of the recession.
Alan Bevan, head of City Residential in Liverpool, said work would begin again shortly and completions were expected in early 2010. No one was immediately available for comment at Artisan's head office in Manchester.
Artisan halted work on Kings at the same as it liquidated subsidiary Artisan Construction Group at the end of 2008. The scheme began in 2007 and will contain 96 apartments with a mixture of shared and full ownership by occupiers.
The southern part of Kings Waterfront was also affected by the recession, when City Lofts and David McLean collapsed. Their plans for several large residential towers were dropped as a result. Liverpool Vision and landowner the Homes & Communities Agency are now considering the site for a five-star hotel development competition. Neither could confirm the situation at Artisan's part-finished building.