Nextdom to capitalise on Liverpool regen momentum with sale of £83m resi
The developer is seeking £6m for a pair of sites located close the Everton’s new ground at Bramley-Moore Dock and with planning permission for 435 apartments
Nextdom secured planning permission for the £83m Pall Mall scheme in 2023 and has now appointed Eddisons to market the plots for sale.
“The pace of development in the north of the city is really picking up, spurred by investments such as Everton’s new stadium,” said Gerry O’Brien, owner of Nextdom.
“There is a great deal of developer interest in the area, alongside policy momentum from the city council. Now is a good time to bring the site to market and we have already received a number of interesting enquiries.”
Approval for the Falconer Chester Hall-designed scheme only came after negotiations between Nextdom and city planners resulted in a significant reduction in the project’s height.
The initial proposals sought consent for buildings up to 17 storeys but the consented scheme tops out at 10.
The taller of the two blocks ranges from six to 10 storeys and includes 294 apartments. The smaller is seven storeys high, curved, and has 141 flats.
Most of the apartments will have two bedrooms, with the remaining 196 only having one.
The scheme also features 12,400 sq ft of commercial and retail space and another 18,2000 sq ft of amenities.
Offers are being sought for the freehold of the plots, which total two acres.
Nextdom appear to be property owners not developers, and when this scheme was given planning permission , as announced in PNW, Nextdom said they had worked well with the council even though it had been reduced from 17 to 10 floors at it`s highest. This was a bit strange as Infinity is a few hundred years up the road and that was given planning permission for 39 floors, anyway I always suspected that this would be one of the many planning applications in Liverpool that was merely a vehicle for a land sale,a bit like, for example, the Norton site in the Baltic Triangle.
By Anonymous
Wonder why Nextdom hasn’t developed this themselves based on their own comments. With a number of close by developments being denser and higher, this development now needs to be scaled up with more density and more floors. It could easily be 20 storeys and provide more homes, jobs and tax income. Either way we need a new developer who will get this under construction now.
By GetItBuilt!
is this site within the proposed 10,000 homes “Pump Fields” development zone or just on the edge?
By Liverpolitis
Why did council hadn’t reduce the height?
That area all around in the render is going to have talls in the next few years due to many schemes but particularly KEIE!
But it back up to nearly or better yet at 20 storeys! That hole car park desert north of Leeds Street should be around that height, at least.
By John
Go higher please
By DenseCity
If only there was a funding market in Liverpool.
By Dream
Acres of tarmac, not much building.
By WayFay
It’s high time that “developers” were required to sink considerable sums as deposits in order to submit planning applications. Creating “plans” which only serve to acquire planning permission doesn’t achieve anything of end value and increases costs for those who do actually want to develop.
By John
Looks great
By Anonymous