The latest phase of residential development at Princes Dock has reached practical completion, a £21m, 15-storey residential scheme managed by property company Redwing.
Plaza 1821 is one of three residential schemes planned for Princes Dock, which forms part of the developer Peel L&P’s £5bn Liverpool Waters regeneration scheme.
The other two schemes are PRS specialist Moda Living’s 35-storey The Lexington tower, for which construction is underway, and Your Housing Group’s 31-storey Patagonia Place, for which a planning application was submitted last month.
Plaza 1821, which has now handed over keys to its first residents, was named after the year Princes Dock first opened. Another PRS scheme, it comprises 105 one- and two-bedroom apartments with amenity space on the ground floor.
The Hodder + Partners-designed Plaza 1821 is close to Liverpool’s Three Graces – the Royal Liver Building, Cunard Building and Port of Liverpool Building – which together make up the city’s waterfront.
The property has been developed by Peel L&P and regeneration specialist Regenda Group and will be managed by a subsidiary of the latter, housing provider Redwing. The main contractor is Vermont Construction Group, which took over from collapsed contractor Forrest last January after it went into administration at the end of 2018.
The scheme suffered further delays around that time, as one of the job’s main subcontractors, concrete frame company Heyrod, had also exited the job following a pay dispute with Forrest.
Redwing is preparing for the first residents to move in over the coming weeks as the scheme nears final completion, and viewings are being arrangements for the remaining apartments.
Darran Lawless, development director at Liverpool Waters, part of Peel L&P, said: “It’s a real milestone for people to begin moving in to these amazing homes at Princes Dock, demonstrating the significant progress happening across the wider Liverpool Waters scheme.
“We look forward to seeing this part of Princes Dock and the wider scheme progress even further over the coming months and years, helping us to create homes, jobs and a new community, breathing life back into our historic docklands.”
Fiona Coventry, executive director of property at Redwing, added: “Plaza 1821 which offers stunning apartments for private rent, each with outdoor space and spectacular views, as well as a range of amenities including, parking, secure bike storage, resident’s lounge and concierge.
“We will also be announcing an exciting restaurant partner for our ground floor space soon.”
Under the wider Liverpool Waters scheme, Peel L&P and its partners plan to transform 60 hectares of former docklands to create a 20m sq ft mixed-use district.
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