Nexus completes first phase of £50m development

Keys for the first 50 apartments in a £50m residential development in Liverpool are set to be handed over to buyers. Tony McDonough reports

Nexus Residential
Nexus Residential has completed the first phase of One Baltic Square


Developer Nexus Residential has completed the first 50 apartments in its £50m Baltic Triangle apartment scheme in Liverpool.

Nexus acquired One Baltic Square from YPG Developments in March 2021. It comprises 296 one, two and three-bedroom apartments. The company is also spending £1m to create an Italian piazza-style space that will be available for residents.

In June 2022 LBN reported the firm had secured a £19.5m finance package from Maslow Capital to allow it to push on with the scheme. Residents are also able to enjoy five rooftop gardens across the development, all with floral arches.

One Baltic Square will feature reception and concierge service, underground car parking and CCTV for added security. Mixed-use commercial units will be available within the building for coffee shops, restaurants and office spaces.

Nexus Residential is partnering with Legacie Contracts, the construction arm of Legacie Developments, to build the scheme. It has been promoted to investors by international sales agent RW Invest, which successfully pre-sold all the new homes off-plan

Michael Gledhill, managing director of Nexus, said: “One Baltic Square is our standout residential development in Liverpool and will bring much needed high quality homes to an increasingly popular part of the city.

We are proud to help create a new urban village in the heart of Liverpool offering luxury accommodation and practical facilities, as well as a prime location.

“It is fantastic to see the first phase complete, with the construction team now pressing ahead to get the rest of the homes ready.”

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