A planning application for a £35m 27-storey building, the first of a pair designed by Hodder+Partners, has been submitted to Liverpool City Council.
Prospect Capital and Wilcocks & Wilcocks, advised by Indigo Planning, said that today they’ve put in plans for Ovatus 1, a large-scale residential tower near to Liverpool’s central business district.
Ovatus 1 is the first phase of a two-tower development on the site; an application for an adjacent taller tower, Ovatus 2, will be submitted in 2017.
The first tower will total 168 homes, including 14 three-bed apartments, 88 two-bed apartments, 22 one-bed apartments and 44 studios. There will also be 187 cycle storage spaces provided, as well as public realm improvements, including hard and soft landscaping.
The development sits within the buffer zone boundary of Liverpool’s World Heritage Site and is located less than half a mile away from the Princes Dock, which backs onto the waterfront of the River Mersey.
Craig Blackwell of Prospect Capital said: “With the site’s key gateway status in Liverpool, as well as its landmark nature and overall significance, we knew that bringing the right team together on this project was very important.
“In appointing Indigo Planning and Hodder+Partners, as well as WSP Parsons Brinckerhoff and Planit-IE, we are confident that the team in place has the skills and expertise to do great justice to a forthcoming special addition to Liverpool’s skyline.”
Martin Wilcocks of Wilcocks & Wilcocks said: “The project is currently fully funded and financed to ensure the scheme’s deliverability, with enough presales secured to ensure the tower is fully occupied on completion. A testament to the demand for this kind of stock in Liverpool.”
Wilcocks and Blackwell are long-term business associates, based in Liverpool. They are currently delivering 90 flats in an office-to-resi conversion at The Residence.
The Ovatus 1 application is set to be determined towards the beginning of 2017, following which the developers said they hope to start on site in April 2017.