Patten-Panacea draw up waterfront PRS plans
A neighbour for Grosvenor’s One Park West on the Liverpool waterfront could be built by a joint venture between Panacea Property Development and Patten Properties under plans due to be submitted in the coming weeks.
Patten has owned the site for more than 20 years and developed the existing building for Halifax. Occupier Connexions, the young persons’ careers advisor, has served a break notice on Patten and is considering alternative locations in the city centre.
Patten and Panacea, controlled by JCB heir Jo Bamford, have been working on plans for the past year for the prominent plot in Liverpool’s World Heritage Site around the Pier Head.
The design was scaled back from 25 storeys after objections from planners that it would obscure views of the cathedrals, also governed by Unesco World Heritage Site rules. The development will instead rise to 19 storeys at its highest point and contain 400 flats in several linked blocks.
The Cesa Pelli-designed One Park West was also reduced in a similar way when it was designed as the largest single building within Grosvenor’s Liverpool One, completed in 2008.
Panacea would demolish the Strand House office building to make way for the new private rented residential blocks, designed by Leach Rhodes Walker. Curtins and Zerum are also advising.
Neil Patten, director of both JV companies, said construction work could begin in early 2017 if planning permission is granted.