Developer Legacie pledges to invest £300m into the Liverpool city region

Firm will start work on the £90m Baltic Triangle scheme, Parliament Square, in 2019 and aims to build 2,000 homes in Merseyside over the next five years. Tony McDonough reports

Parliament Square
Parliament Square, a Legacie Developments scheme in Liverpool’s Baltic Triangle

 

Legacie Developments has unveiled plans to invest £300m in new developments across the city region over the next five years.

It will aim to create 2,000 homes on a number of Merseyside sites, comprising a mix of one, two and three bedroom apartments as well as housing and says it will create a significant number of construction jobs in the process.

2019 will see the completion of existing sites at Reliance House in Water Street and Ropemaker Place in Renshaw Street. Work will also begin work on its £90m Baltic Triangle scheme, Parliament Square.

This project, which initially faced local opposition, will see the creation of 500 apartments plus commercial space. It has already attracted buyers from the US, China and the Middle East.

Legacie Developments’ founder John Morley said: “2019 will be a huge year for Legacie. We have major plans on the horizon and our developments will be both exciting and impressive whilst delivering a premium product for investors and buyers alike.

“We will be pumping £300m into the Liverpool city region. There is an array of fantastic talent on offer and a feel-good factor around the place, which produces both an exciting and game-changing cocktail of potential opportunities.

“There is also a real resurgence in our visitor economy and we are delighted to be playing our part in helping to shape our area into one of the UK’s top tourist destinations.”

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