Investor unveils £86m residential scheme

Property investor Nextdom Property has unveiled an £86m scheme that will see 550 new apartments built on the edge of Liverpool city centre in two blocks. Tony McDonough reports

Nextdom
Nextdom Property is proposing to build 550 apartments in an £86m Liverpool scheme

 

Two blocks, one of 17 stories and the other of 10 storeys, will provide 550 new apartments in a proposed £86m scheme on the edge of Liverpool city centre.

Liverpool-based property investor Nextdom Property has submitted a planning application to build two blocks of new homes on Pall Mall to the north of the city’s business district.

Currently a mix of surface car parking and old sheds, the project in an area of Vauxhall known as ‘Pumpfields’ will provide a piece of much-needed regeneration, according to Nikki Sills from planning consultancy Zerum which is advising Nextdom.

“The area is in transition as the city centre expands northwards and the development will provide much-needed housing numbers and commercial space,” said Nikki.

Designed by architects Falconer Chester Hall, the development will see 362 new homes in the 17-storey block and a further 188 apartments in the 10-storey building. The smaller block will have a curved frontage the corner of Chadwick Street and Pall Mall. 

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The proposals include more than 8,000 square feet of ground-floor commercial and retail space, with parking for 155 cars and a bike space for each apartment. The homes will offer a mix of one, two and three-bed apartments.

“The cycling provision of 1:1 supports what is a highly sustainable location, given the site’s proximity to the business district, Moorfield underground station and the local bus network,” added Ms Sills.

 

Nextdom
A 17-storey block in Liverpool will house 362 apartments

 

“The scheme seeks to reform the streetscape of Pall Mall and connect this area of Pumpfields into the wider business district. The developer sees these sites as critical to the linking of the Pall Mall/Exchange Station investment area to the wider 10 Streets strategic development zone.”

Nextdom claims the the scheme will generate £1.8m a year in extra Council Tax for the city council and up to an extra £56,235 in annual business rates income. It will also offer work to approximately 200 people during the build phase.

Quentin Keohane of Falconer Chester Hall added: “The architecture picks up on the historic warehouse/dockland nature of the site with the use of brickwork, arches, and vertical elevation emphasis to provide a modern take on the traditional buildings of the area.

“The scheme provides an active commercial frontage onto Pall Mall, and with thoughtful landscaping will provide a quality urban environment in what is currently an underutilised area of the city centre.”

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