Peel L&P has chosen developer X1 for the 278-home Patagonia Place
The regeneration arm of the Peel Group has announced developer X1 will be in charge of the building of its 278-home, 31-storey tower block that will form part of its controversial Liverpool Waters scheme.
Developer X1, which is responsible for the construction of The Tower near the Albert Dock in the city, will own and sell the homes in the tower, as well as oversee Liverpool-based contractor Vermont’s building of Patagonia Place, on which work has already begun.
Plans for the tower, which were originally put forward by Your Housing Group, were approved in 2020. It will be the fifth residential development at Princes Dock, one of five new neighbourhoods being created as part of Peel L&P’s Liverpool Waters development.
The scheme, for which Peel L&P are the landowners and masterplanners, has been controversial as it was among developments being put forward cited by Unesco prior to it withdrawing its World Heritage status from the docks because of overdevelopment in 2021.
Liverpool Waters is expected to be delivered over 30 years and is sold as being a development that will “completely transform the city’s northern docks, creating a sustainable world-class, high-quality waterfront, including retail, leisure, office, and residential space, and bringing life back to the historic docklands”.
Chris Capes, director of development at Peel L&P’s Liverpool Waters, said: “With planning already approved by Liverpool City Council and a world-renowned residential developer at the helm, we are delighted that the development of Patagonia Place can now proceed full steam ahead.
“Patagonia Place is a high-quality proposition, and will be yet another incredible residential development for Princes Dock. It will create more quality homes that meets the needs of the local market and will secure local jobs and investment in an enviable waterfront location and we look forward to bringing the development forward as planned.”
The waterfront development will be the home for the new Isle of Man ferry terminal, and Everton FC’s new stadium at Bramley-Moore Dock, both currently under construction.
No comments yet