Ridge Liverpool, an entity of the UK build-to-rent developer, has acquired 30-36 Pall Mall in Liverpool from Anwyl Construction and is pressing ahead with previously consented plans to build 336 apartments on the plot.
The special purpose vehicle was incorporated in Luxembourg this month by the same individuals behind Ridge Manchester, another entity of London-based Ridgeback Group set up to develop a 358-apartment complex off Swan Street in Manchester, according to documents seen by Place North West.
Ridge Liverpool lodged a request to Liverpool City Council to discharge conditions of Anwyl’s original planning application earlier this month, including a construction management plan drawn up by contractor Graham Construction.
Anwyl won approval in 2017 for a £60m development on the Pall Mall site bounded by Highfield Street, Prussia Street and Cockspur Street West, opposite the wider Pall Mall commercial scheme.
The proposals comprise two residential blocks of 10 and 22 storeys each, containing 48 studios, 112 one-bedroom, 153 two-bedroom, 23 three-bedroom apartments. However, construction has yet to start.
Anwyl was to deliver the project in collaboration with Liverpool-based developer Brickland but it is understood that neither firm is involved in the scheme at present. Anwyl declined to comment, and the latest planning documents do not disclose the price of the sale to Ridgeback.
Falconer Chester Hall is the architect for the Pall Mall project and Zerum is the planning consultant. Both parties declined to comment, while several representatives of Ridgeback Group did not respond to Place North West’s requests for comment.
Ridgeback has a portfolio of more than 2,100 properties across the country, according to its website. Outside the North West, the firm is also delivering projects in Cardiff and Sheffield.