It is understood Peel has approached Kitgrove, the subsidiary of Richcliff which owns Stanley Dock, the problematic 12-acre site in the heart of the area. Stanley Dock contains the 1m sq ft Tobacco Warehouse, and two smaller warehouses to the north and south.
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The interior darkness and low ceilings make conversion of the Tobacco Ware-house impossible without vast public subsidy. Peel and Kitgrove declined to comment.
Peel will deliver a visionary development plan to councillors for Central Docks within
two months, mirroring its exciting £4.5bn scheme for Wirral Waters on the opposite bank of the Mersey.
And their proposals are expected to galvanise Stanley Dock owner, Epsom-based Kitgrove, which is working on revised proposals for the northern
Tobacco Warehouse that already has planning permission for hundreds of new flats.
Full story here.
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