Elliot finishes Ropewalks apartments

The 200-unit luxury residential scheme known as The Address has completed, spanning an 11-storey block in Liverpool city centre.

The 152,000 sq ft building at One Wolstenholme Square in the Ropewalks district includes 32 studios, 102 one-bedroom flats and 66 two-bedroom flats. There are two commercial units on the ground floor.

Liverpool-based Elliot Group constructed the £100m PRS development on the site of the former headquarters of social care charity PSS, which the developer acquired in June 2017.

The Address was designed by the Liverpool studio of Falconer Chester Hall architects and Newry Construction was the main contractor. Elliot secured project financing of £16.8m from NatWest bank in a deal last year.

Elliot Group founder Elliot Lawless said: “We took our inspiration from London and Dublin in terms of what institutional funds want to offer the market.

“The focus on design and fit-out has been matched by service standards, with a 24-hour concierge and additional facilities such as lounge areas, a residents’ gym and a rooftop garden.”

The Address At One Wolstenholme Square

Adam Hall, managing director of Falconer Chester Hall said: “This is the 21st project we have delivered with Elliot Group and it’s one of which we are very proud. The homes are exceeding expectations and are in a very quiet corner of Ropewalks, yet moments away from the Liverpool One [retail complex].”

A total of 80 of the apartments are let so far, according to Sam Tumilty, director of the scheme’s property manager Urban Evolution. “The message we’re getting back is that the quality of finish and fit-out is different from anything else in the Liverpool market.”

 

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Wow! This looks amazing. Well done

By David

So its a £100m scheme (200 apartments meaning £500k each) and Natwest provided £16.8. Who provided the rest?

Is it just me or does any of this add up?

By Really

Good looking scheme this, we are really missing Elliot`s drive, he had so many pivotal projects underway or about to happen, hoping he can soon put his problems behind him and start developing again.

By Anonymous

Maybe some of the profits from this could be made available to the hundreds of investors at Infinity?

By Carl

Image of bedroom looks good but “quality of finish and fit-out is different from anything else in the Liverpool market” is simply agent speak

By IR

Very well balanced development bringing a much needed new lease of life to this area of the city.

By Hat Mancock

Dear Mr Carl: “Investors”? or “Risk-taking speculators”? — handing over their money to buy not-yet-built apartments promised by a “limited liability” company run by ‘non-liable’ strangers with no guarantee their money is safe. Now, to me, that sounds like they were, perhaps unknowingly, asking for trouble.

By James Yates

As an architect i love these designs. I am an artist you see. However i do have an intense dislike of all things natural.

By michael mctalented

Elliot Group owes hundreds of thousands of pounds to investors in student halls projects. this has been going on for 2 years long before Covid 19.

By Banquo

I know i’m based in london so my opinions are not relevant to anything happening in liverpool… But these flats are so unnatural I love them!

By michael mctalented

I love the way the mid-tone grey contrasts with the slightly darker grey.

By Norm

Re post number 2, the £100 million quoted in this article was for the wider project around this square in the Ropewalks area which consists of about 5 blocks , this particular block cost around £30m.

By Anonymous

It’s public knowledge that the Elliot Group owes a lot of money in backdated yield payments to a lot of investors in some of his completed and unfinished developments, including One Wolsthenhome Square, Victoria House, Infinity and others. His business model seems to be perfectly legal, though. Smart legal and financial operator I guess.

By Jack

Elliot Group owes hundreds of thousands of pounds to investors in other developments

By Victoria Leeds

Who remembers the mature London plane tree on Gradwell St that was destroyed overnight so work could start on this scheme?
Where are the trees?

By Lord Canning

Another building completed by a liverpool contractor finished to a high standard and on time even in the present climate that is 13 schemes delivered in 5 years some achievement

By Anonymous

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