Home Bargains billionaire Tom Morris continues his drive to create new developments in Liverpool as he acquires another site in the city. Tony McDonough reports
Home Bargains tycoon Tom Morris looks set to bring a stalled development site in Liverpool back to life.
Via his Davos Property Developments venture, Mr Morris has paid £8.1m for a two-acre on the corner of Chaloner Street and Upper Parliament Street, just south of the city centre from Liverpool scrap metal firm S Norton & Co.
In 2020 an entity called Chaloner Street Developments secured planning permission for a mixed-used development comprising 650 homes, a hotel and 43,500 sq ft of commercial space. However, the scheme never came to fruition and the developer is no more.
Davos has declined to comment on the purchase of the site or what its future plans may be. But Mr Morris has already shown he is prepared to put his estimated £6bn fortune where his mouth is in other parts of the city.
Most notable is his ambitious plan to create a £1bn cluster of skyscrapers on what is currently the King Edward Industrial Estate close to the Pier Head and the waterfront.
In February LBN exclusively revealed the plans to build a cluster of 10 residential skyscrapers on the site, comprising 1,200 apartments, with the tallest tower exceeding 60 storeys – at least 20 storeys higher than the city has ever seen. There will also be a five-star hotel.
In mid-July Davos submitted the first planning application for a 28-storey residential tower on the first plot of its development, adjacent to Peel’s Liverpool Waters site. Designed by Brock Carmichael, it comprises 255 one and two-bedroom apartments.
In May Davos unveiled plans for a 199-home development along with a co-working space, ground floor commercial units in Liverpool’s Baltic district, close to the proposed new Baltic station.
And at the beginning of July Davos secured planning consent from Knowsley Council for a 215,000 sq ft commercial scheme at the former Sovereign Distillery complex in Huyton which would include a new Home Bargains store.