Built in Liverpool in 1901 to store shipments of tobacco, the Grade II-listed complex already houses the Titanic Hotel and is seeing 200 apartments created by Stanley Dock Properties. Tony McDonough reports
Hundreds of apartments at Liverpool’s historic Tobacco Warehouse are to go on sale following a £130m refurbishment.
Built in 1901 to store shipments of tobacco, the Grade II-listed complex already houses the Titanic Hotel and is seeing 200 apartments created in a scheme by developer Stanley Dock Properties.
The company has appointed Liverpool law firm Jackson Lees Group to advise on the sale of the apartments. One of three architecturally and historically important buildings at Stanley Dock, the Tobacco Warehouse was the largest brick building in the world at the time of construction in 1901.
The first phase of almost 200 apartments will be completed in 2020, with some units ready for occupation in the first half of the year. Prices start at £215,000, with the average apartment size approximately 1,400 sq ft. Stanley Dock Properties claims they are double the size of a standard apartment on the market.
Angela Hesketh, group head of property at Jackson Lees Group, said: “Ensuring a strong flow of high-quality residential developments is key to ensuring Liverpool remains an attractive destination for inward investment and is able to enjoy sustainable, secure long-term growth. We’re delighted to be a part of that process.”
The warehouse’s original architectural details have also been preserved, including exposed brick walls, cast-iron structural columns, concrete ceiling beams and a unique two-floor layout, reminiscent of New York ‘loft living’.
Amenities include a 24-hour concierge, secure parking, an inner courtyard garden, residents’ lounge and an entrance lobby. The ground floor will feature up to 100,000 sq ft of retail and commercial space for shops, restaurants and offices.
Plans have also been revealed to create a pedestrian walkway encircling Stanley Dock, which will be open to residents and guests.
Patrick Power from Stanley Dock Properties, added: “Angela is highly experienced with a real depth of expertise and insight, which will prove invaluable as we bring this portfolio of outstanding properties to market.
“This landmark mixed-use development will create a thriving community in the heart of one of Merseyside’s most historic locations and it’s great to have the right team in place as we bring the revitalisation of the Tobacco Warehouse to fruition.”