£1bn Baltic Triangle project collapses
Apr 12 2007
by Larry Neild, Liverpool Daily Post
div>
A BILLION-POUND project to transform Liverpool’s Baltic Triangle appeared to be in tatters last night, after contractors finally abandoned a development site.
An administrator has been appointed to determine the future of a partially-completed tower block following a lengthy legal wrangle between developers, the Windsor Group and contractors Laing O’Rourke. The site, spanning The Strand and Hurst Street, was destined to be the first part of the development, a £50m high-rise apartment scheme, boasting one of the finest addresses in the city.
The three blocks of apartments would have seen the start of an influx of 4,000 people to live in the Baltic Triangle.
Last night, three skyscraper cranes and building equipment had been removed, giving the site a “ghost town” appearance, with no signs of activity.
Story continues...
Bookmarks