Contractor chosen for 12 Tithebarn
Property developer Capital & Centric has appointed Middleton-based fit-out specialist Sustainability Inc to undertake the speculative £4m refurbishment of No 12 Tithebarn in Liverpool city centre.
The site has been derelict for nearly a decade and when complete will bring 40,000 sq ft to the market.
The building was acquired by Capital & Centric from Derwent Lodge Properties in April 2013. The speculative refurbishment received a £2.4m grant from European Regional Development Fund and is due to complete early in 2015.
Capital & Centric submitted a revised planning application for the building in September 2013 with Sixtwo Architects, having previously received planning permission for a design from AEW Architects. This was approved in December 2013.
Louise Pearson, development manager at Capital & Centric, said: "This building has sat empty for far too long – getting the main contract works underway signals the start of the building's new lease of life in bringing cool office space to the city centre. We're really happy to welcome Sustainability Inc to the team. They have the knowledge, expertise and architectural understanding to deliver our exciting design."
Sustainability Inc was founded in 2008 by former Bruntwood directors Laurence Kilcommons and Michael Maloney, alongside MITIE director Michael Allen. Clients include Bruntwood, Peel Group and Emerson, as well as The Co-operative Group, BMI Healthcare, Dandara and Manchester City FC.
Good to see things happening here, I used to walk past this every day about 8 years ago and it was empty then!
By Miles Price
Am I missing something here???…. A dreadful building, questionable office location, chronic oversupply of offices and continued poor demand. No developer would seriously consider this scheme unless it was heavily subsidised. Either that or they have been misadvised. Liverpool has great office stock that has been empty 7 years plus! My advice… knock it down and redevelop into a useful, well designed truly sustainable leisure/ resi scheme which envelops the other surrounding derelict land.
By Secret Agent