Water Street Palazzo

Palazzo leisure set for early 2019 delivery

Work is to start in October on the redevelopment of 15,300 sq ft over two floors at the Palazzo building in Water Street, Liverpool into a restaurant and private members’ bar.

Todd & Ledson is engaged as project manager and quantity surveyor by developer-operator SRNB UK. The project at the grade two-listed building has secured planning consent and a £4.4m project is scheduled to start on site in October, with a contractor to be named imminently.

SRNB is aiming to open in the first quarter of 2019.

Futureserv Consulting Engineers and structural engineer ICIS Design are also on the professional team, while the interiors have been designed by Brighton-based Design LSM.

Once occupied by Natwest and more recently serviced offices operated by Shaun Mealey’s Your Space, the building has been empty since 2015 and sits next to the India Buildings, currently undergoing a massive overhaul ahead of HMRC’s relocation.

The restaurant will, the developer said, be “an impressive open kitchen counter offering guests the chance to experience the culinary theatre”. The basement will house a members-only bar accessed from the main restaurant. The space includes various original features, including several small rooms that can be converted into snugs

Mark Pitts, project manager for Todd & Ledson, said: “We are delighted to be providing project management and quantity surveying services to deliver this fantastic city centre refurbishment project on behalf of SRNB UK.

“We are honoured to be part of the design team that we have contributed to the creation of an exciting new leisure project within one of Liverpool’s most iconic buildings.”

The upper floors of the building are already under development, Place North West understands, following a consent granted in October 2017 to Aqua Commercial for ten apartments in a scheme designed by Liverpool architect MgMaStudio. This includes the insertion of a rooftop extension on the lower parts of the building, so that the building’s overall height becomes uniform throughout.

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Should be open just in time for the leisure/retail crunch to be in full swing then.

Prior to being shut down a few years ago, this building was another one in Liverpool which was a hub of business activity, despite the shabby interiors on the upper floors.

By Mike

Lovely building and a great location and good to see it being brought back to life. Good luck to those involved.

By Dougal Paver

Another beautiful building

By Paul