Major milestone for £90m Liverpool residential project

Despite the coronavirus restrictions, Legacie Developments is pressing ahead with the scheme that will offer 500 apartments across four blocks. Tony McDonough reports

Parliament Square
Image of apartment at Parliament Square, a Legacie Developments scheme

 

Work is continuing on the £90m Parliament Square project in Liverpool’s Baltic district despite the coronavirus restrictions and a major milestone has now been reached.

Legacie Developments is pressing ahead with the scheme which will offer 500 apartments across four blocks. It will also include public plaza with restaurants and retail accommodation.

Now, two huge steel frames have appeared to offer the first glimpse at how the development will look. Work on Parliament Square started in October last year. Legacie founder and managing director, John Morley, said: “The steel frames form the skeleton of what will be a striking edition to the area on the edge of the city centre.

“This is a key milestone in the development and is a very exciting one at that. Work is continuing on the site as much as it possibly can given the restrictions. This scheme is going to transform a key route into the city centre, it will be a residential development that the city will be proud of.”

In February the project was given a major boost when Legacie secured a £20m finance deal with UK development lender Maslow Capital

Legacie, which has delivered a number of residential development schemes in the city including Renshaw Street’s Ropemaker Place and Water Street’s Reliance House, says the funding from Maslow underlines confidence in the company as an emerging developer.

Work on the Parliament Square is expected to be complete by summer 2021.

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