Work wraps on £50m Baltic Triangle resi
Main contractor Legacie Contracts has completed Nexus Residential’s 296-apartment complex in the trendy Liverpool neighbourhood.
It has been quite the journey for the One Baltic Square project, which was originally being developed by a YPG Developments vehicle that went bust in 2021. Nexus picked up the project later that year, bringing Legacie on board to finish up the build.
One Baltic Square comprises a series of one-, two-, and three-bedroom apartments – all of which were sold off-plan by RW Invest.
The complex also includes a series of commercial units, three of which are being taken by RW Invest. The agency said that the new offices represent a £1m investment.
Other commercial units are still available and are deemed suitable for coffee shops, restaurants, or office spaces, according to the developer.
Residents and occupiers of One Baltic Square will be able to take advantage of a piazza of open space with glass sculptures that pay homage to the site’s history as a bottling facility for Cains Brewery. The entire scheme has a GDV of £50m.
Michael Gledhill, chief executive of Nexus Residential, described One Baltic Square as the company’s “standout residential development in Liverpool”.
“We are proud to help create a new urban village in the heart of Liverpool offering luxury accommodation and practical facilities, as well as a prime location,” he continued.
“It is fantastic to see the project complete, with the construction team now pressing ahead on our next development, Central Park, which is located adjacent to One Baltic Square.”
One Baltic Square and Central Park have both been boosted by investment from Maslow Capital, with the financier contributing £19.5m into One Baltic Square and £20m into the £35m Central Park.
This is a great development and hopefully will encourage more to expand the city centre southwards and fill in the vacant plots and disused industrial units with homes and businesses.
By GetItBuilt!
A great addition to the Baltic but still plenty more sites to fill, the mix of commercial, residential, and leisure creates a good atmosphere. More shops arriving too especially the Utility furniture store on Flint St.
By Anonymous
Bar the ubiquitous anthracite grey windows, this is actually very decent. In context with its surrounding too.
By Rye
Georgian/Crittal style windows would have elevated this scheme so much. The fenestration looks really cheap on an otherwise ‘ok’ design.
By Heritage Action
I’d love to see some really ambitious plans for the old scrap metal works site – the area is in great location and big enough to build a coupe of 30+ story building and new publics spaces
By Stuart wood
@August 01, 2024 at 12:24 pm
By Heritage Action
Agree. Thankfully you can replace the windows easily.
By Rye
Does the same person own Legacie and Nexus?
By Bob Dawson
@ Stuart 12.45pm, there already is a planning permission for the former Nortons scrap site, which consisted of a couple of high-rises and hotel. I am not sure if the permission has lapsed, or is due to,but think the site is for sale.
This important site needs snapping up by a serious developer as it’s a prime location.
By Anonymous
Went past these on my bike they are really nice quality
By Anonymous
Legacie/Nexus combining to keep development afloat in Liverpool, with most of the cranes in the city centre on their sites. Where are all the expected developments that Council Leader Liam Robinson claims are about to happen.
We are still awaiting the Packaged Living high-rise near Old Hall Street, then Chinatown ,and so on. He’s gone very quiet lately after the initial optimism, and even the TJ Morris skyscrapers won’t happen for years yet.
By Anonymous
Bang average. Feels like a little more articulation in the façade would have helped elevate it, quite flat otherwise.
Having been into the units they are quite dark.
By Dr Ian Buildings