Elliot Group has purchased a part-built scheme on Liverpool’s Pall Mall from collapsed developer North Point Global with the hopes of submitting a refreshed planning application for the site next year.
The Pall Mall site consists of a 2.6-acre site with planning permission for a four to 18 storey mixed-use development scheme. Some works have already been undertaken in relation to demolition of the old buildings and the erection of a concrete frame building. The site had been promoted by NPG as a £90m, 366-apartment scheme, and was designed by Blok Architecture.
It was put up for sale by the Landwood Group, acting for receiver FRP Advisory, in September this year.
After purchasing the site for an undisclosed sum, developer Elliot Group has vowed to “start afresh” on the site with hopes to share a “draft vision” with key stakeholders early next year. This will focus on a mixed-use scheme with both housing and employment use, necessitating the demolition of North Point’s part-built project, which will begin in the New Year.
Elliot Lawless, the group’s director, said the new project would allow the developer to “bring a critical mass of quality to the area which will seal its position as the prime zone for the northern expansion of the city centre,” with the site being only a stone’s throw from Infinity, its £200m three-tower project, the first phase of which is being delivered by Vermont.
“There was some merit to the scheme as a piece of architecture, but we have in mind something much better and which will create more jobs and infrastructure for the city,” he added. “We need to discuss this with the planners first but hope to be able to submit a planning application in the second quarter of 2019.”
In summer 2017, North Point Global Group issued a statement saying that it was to dispose of its property interests, return deposits to investors and cease operations after “being severely damaged by events that have been neither their responsibility nor within their control”.
Landwood Group is also acting as vendor for Baltic House, a part-built mixed-use development which was being completed in line with a planning application for 150 student units along with commercial units, communal area and service area. The site sits between Norfolk Street and Brick Street.