Goodwin Construction Group has been selected to deliver The Metalworks, a 319-home development in Liverpool’s Leeds Street that has been planned for more than two years.
Pumpfields Regeneration Company secured planning permission in August 2018 for the project, updating a consent granted for a Blok Architecture-designed scheme in February 2017.
With the scheme’s progress having stalled over site acquisition negotiations and a Section 106 agreement, it was revealed last month that a deal had been struck for the project to move forward under a joint venture between Acentus Real Estate, which has been involved in marketing the development throughout, and Birmingham-based Justin and Christian Hipkiss.
A letter of intent has now been entered into by PRC – the former development arm of now-defunct architect Blok – and Goodwin, which will act as main contractor on a scheme where the first apartments will be delivered in 2020, according to Acentus. Goodwin is now working to prepare for enabling works and construction to begin in September.
Elsewhere, Goodwin Construction is also due to deliver The Lyceum in Eccles, a redevelopment of a former theatre building into 82 apartments being advanced by sister business Goodwin Property Holdings. Goodwin also has interests in Liverpool’s Parliament Street and in Knutsford.
The scheme sits close to Liverpool Waters and the Ten Streets regeneration area. Acentus director Simon Clarke said: “The Metalworks is an exciting investment prospect, as so much regeneration work taking place around it sets the scene beautifully for residential price rises over the years ahead. It will be the first development delivered in this area, thus providing investors with the chance to be among those who benefit most from the work undertaken over the coming years.”