This £200 million Pall Mall project will see the delivery of 400,000 sq ft of new Grade A office space, a 281 bedroom hotel, associated retail and leisure amenities, as well as a new large scale and high quality landscaped green space and public realm.
Kier Property and CTP are delivering the project, after being formally selected as Liverpool City Council's development partner in 2017.
The first phase of development, which has detailed planning consent, will be a Grade A office building comprising of 102,000 sq ft of NIA office space, 9,600 sq ft of flexible ground floor accommodation as well as a basement which will provide car parking, cycle spaces and shower / changing facilities. The new central green space will be delivered in connection with this first office building.
The public realm is a key component for this destination development and the wider CBD. The space will provide a valuable green, tree-lined and bio-diverse community resource offering a variety of opportunities to socialise, play and relax, and at the same time act as an extension to the work place.
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Development is expected to start on site by Summer 2020 following the completion of remediation and enabling works which are currently well progressed on site to facilitate development. The remediation and enabling works are being undertaken by Liverpool City Council and funded by the Liverpool City Region Combined Authority through the Single Investment Fund.
Mayor of Liverpool, Joe Anderson, said: "The Pall Mall scheme is of huge importance to the development of our Commercial Business District, so I'm delighted it's now been given planning approval and construction can get started.
"Liverpool city centre needs new Grade A office space to attract companies and highly skilled jobs so we can continue to grow our economy. I'm greatly encouraged by the thinking behind the scheme's lay out and delighted the emphasis is as much on the high quality of the place and dwell time as it is on the design of the buildings. We're looking at how we can develop the district over the next 10-20 years and this scheme will act as a catalyst for the future aspirations for the area 2020 and beyond."
Tom Gilman, managing director (north), Kier Property, commented: "We are delighted to have secured consent for the scheme - the team have worked hard to develop a masterplan which will transform the CBD and pave the way for further development aligned with the Council's SRF vision. Our proposals have been informed by an extensive consultation process over the last three years with a variety of stakeholders and local residents. Although at the early stages of the development, the scheme has attracted strong occupier interest for the office space and we look forward to progressing these discussions over the coming months."
(CM/JG)
