THE biggest-ever private housing development in the heart of Liverpool will provide more than 850 homes, the Daily Post can reveal today.
London-based developers The Windsor Group will this week deliver a massive vote of confidence in Liverpool's continuing renaissance by submitting a planning application for their £270m project within the Baltic Triangle area.
The company wants to attract families back into the heart of the city by building three-bedroomed homes, which will stand opposite the dockside Wapping Warehouse development.
The scheme for the site - between Blundell Street, Jamaica Street and Wapping - envisages the creation of eight new buildings, comprising 851 mainly two and three bed apartments. There will also be 70,000 sq ft of leisure, retail and office space.
The project is the latest phase in the Windsor Group's L1 development, which proposes to transform an inner-city industrial area into a new vibrant city centre quarter.
Work is already well under way on Windsor's first phase - three residential buildings which are taking shape on the site once occupied by ships' chandlers Joseph T Lamb.
Windsor Group director Roger Darwin said last night: "This application demonstrates our confidence in Liverpool's future.
"We are proposing a £270m investment to create a series of stunning buildings and linked spaces on a key site between The Paradise Street Project and King's Waterfront development areas, supporting the aims of Liverpool Vision's emerging masterplan for the area.
"I believe that each of these developments, including our own, adds to and enhances the others, and together they will totally transform this southern area of the city centre into an area bustling with an attractive retail offer, commercial facilities, high quality apartments and hotels which will vastly improve visitor options."
Mr Darwin added: "We are not seeking to replicate what is already on offer in abundance in Liverpool city centre, nor are we interested in building single-bed boxes for the investor market.
"We believe that by providing higher quality and more spacious apartments we will attract a new and more diverse residential population.
"We believe that The Baltic Triangle is the right place to build a new kind of residential community and the L1 development is offering the right product."
Phil Furlong, from property specialists Venmore Thomas & Jones, said last night: "This is going to have a tremendous impact on the city as we are almost building a new location. It will attract a different type of buyer, the sort of buyer who hasn't been particularly attracted to Liverpool before.
"The apartments are for the discerning purchaser who can afford to buy the best. This is an exciting addition to the Liverpool property market."