Vermont Construction will start working on Plaza 1821, which comprises 16 storeys and 105 one and two-bedroom apartments in Princes Dock, in the next few days. Tony McDonough reports
Work is set to resume on a £21m residential development at Liverpool’s Princes Dock which was halted in December due to the collapse of original contractor Forrest Construction.
Vermont Construction will start working on Plaza 1821, which comprises 16 storeys and 105 one and two-bedroom apartments, in the next few days after an announcement on Tuesday by joint developers Peel L&P and The Regenda Group.
Plaza 1821, a PRS (Private Rented Sector) project, is being built alongside two other residential schemes next to the old dock wall at Princes Dock, which is part of Peel Group’s £5bn Liverpool Waters development.
The other two schemes are Your Housing Group’s £55m Hive City Docks and a 34-storey residential tower by Moda Living known as the Lexington, valued at £82m.
Work began on Plaza 1821 in January 2018 but ground to a halt when main contractor Forrest Construction collapsed into administration. It’s collapse also caused problem in other Liverpool building projects.
Neil Baumber, director of development at Peel L&P, said: “We are pleased to begin 2019 with a positive update for the Plaza 1821 development. Vermont Construction are a Liverpool-based contractor with a wealth of experience in developing high-rise residential apartment buildings.
“We look forward to seeing progress onsite to further complement the extensive and exciting redevelopment work being undertaken at Liverpool Waters, Princes Dock.”
And Michael Birkett, chief executive at The Regenda Group, added: “We are delighted that work is set to restart on this landmark project for our subsidiary Redwing Living. Plaza 1821 will be a state of the art residential scheme and we look forward to welcoming people in 2020.”