Nexus, Legacie complete £10m Liverpool resi
City Residence Apartments features 78 flats across four new-build blocks, located off Lemon Street.
Liverpool-based developers Nexus Residential and Legacie Developments have reached practical completion on the project, with keys handed over to tenants this month.
Designed by Tract Architecture, the scheme has delivered 58 one- and 20 two-bedroom homes, all of which have been sold off-plan through sales agent RWInvest.
The £10m project has been funded by institutional lender Together.
Michael Gledhill, managing director of Nexus Residential, said: “There is a real need for affordable luxury in the city and we have guaranteed these standards with Lemon Street, in an ideal gateway location to reach all areas of the city.
“This has been a major investment, which created jobs and regenerated the area of a former brownfield site with quality new homes.”
There is a mix of one- and two- bedroom apartments. Credit: via This Generation
The scheme forms the second phase of a project previously being delivered by New Regen, which built 30 homes facing Stanley Road in the first phase.
New Regen won approval for the second phase in 2018 before Nexus and Legacie joined forces to pick up the project.
John Morley, chief executive of Legacie Developments, said: “This has been an exciting partnership with Nexus Residential and, alongside Together, this investment has helped us bring new life into an important part of a key Liverpool regeneration zone.
“It is a brilliant feeling to hand over keys to new tenants after completing on a development of the highest quality.”
Evolve is the project manager for the scheme.
This is not the only time that the JV has worked together. Elsewhere in Liverpool, the developers are delivering the £40m, 450-unit Element the Quarter, as well as the £50m One Baltic Square.
awful
By Anonymous
For once this is the right development in the right place, with height and density increasing along Stanley Street to the city centre. Lets hope this inspires more regeneration and jobs for the area, and local council interference free.
By GetItBuilt!
It’s tiny and sums up the city. The City needs to think big in the future
By Poster
Another success for Legacie, , hopefully in the not too distant future they will give us our first 50 storey building.
And for those who don’t like talls you will find peace in the suburbs.
By Anonymous
A fifty story? Not gonna happen. Not here.
By Anonymous
What on Earth is happening in Liverpool seriously, just completely appalling decisions being made.
By Anonymous
Liverpool Planners obsessed with stopping tall buildings but not insisting on a decent amount of green space/tree planting with schemes, a shambles
By Anonymous
@ July 7th, re greenspace/ trees, if you look at the 2nd photo you will see a vast green space , with trees.
By Anonymous