Joint venture Crossfield Exclusive Developments has started work to complete the stalled Baltic House development in Liverpool, a site formerly brought forward by collapsed developer North Point Global.
The JV purchased the site between Norfolk Street and Brick Street, in the city’s Baltic Triangle, out of liquidation late last year and put forward a revised £12m scheme comprising 129 apartments with associated communal space and courtyard.
The development will now be known as Baltic View and will also feature nine office units with a total of 12,600 sq ft on the ground and first floors, targeted at businesses in the digital and creative sectors. The plans include storage space for up to 100 bikes.
Crossfield Construction, part of the eponymous JV partner, is now on site, with the scheme expected to reach completion in 2020.
The revised scheme has been designed by architect Brock Carmichael and is partly nine and partly 11 storeys, with 62 one-bedroom flats, 60 two-bed and six three-bed, with a single studio. Indigo was the planner.
David Cain, director at Crossfield Group, said: “Baltic View will be a new dawn for the site and our local, experienced team is committed to creating a development that provides a positive, enduring addition to the area.”
David Ayem, director at Exclusive Investments, said: “The Baltic Triangle is at the epicentre of Liverpool’s creative community and at Baltic View we are determined to deliver a development that has genuine synergy with its neighbours.
“We have wasted little time in getting this development underway and we are excited to see it beginning to take shape.”
Liam Kelly, chair of the Baltic Triangle Area community interest company, said that the stalled development site had been “a painful daily reminder of failed developments over the past few years”.
He added: “This is an example of how the area can retain its identity and continue to see positive growth over the coming years, with everyone working together.”
The previous attempt at developing the site, undertaken by part of the North Point Global Group, stalled at six storeys.