Downing reveals plan for waterfront tower
Dec 5 2007 by Tony McDonough, Liverpool Daily Post
LIVERPOOL property firm Downing is to build a 20-storey tower at The Capital city centre complex.
The new building will be constructed immediately adjacent to Royal & SunAlliance’s office block in Liverpool’s central business district.
The tower will be situated on the waterfront side of the office complex, recently renamed The Capital. It will include office space, apartments and a hotel.
Downing acquired the 300,000 sq ft building, known locally as the Sandcastle, in a sale and leaseback deal with Royal & SunAlliance in March 2006 for £51m – a record for a single office building in Liverpool.
Downing, owned by property entrepreneur George Downing, has since set about an extensive refurbishment of the premises, costing around £10m. This includes the refurbishment of existing office suites and installation of a new reception, a process that is now nearing completion.
Downing has appointed Glenn Howells architects to design the tower, although the project is subject to a feasibility study. Downing will bring forward a full planning application for the scheme in spring 2008.
Paul Houghton, the firm’s development director, said: “Glenn Howells put forward a
stunning proposal, which will enhance our ongoing plans to remodel The Capital as a modern, cosmopolitan business hub.
“We have always believed that The Capital offers massive development potential. It is a quality building in a superb location at the heart of the business district and overlooking the waterfront. We are working closely with the city council to bring forward a striking mixed-use scheme.”
A second phase of refurbishment work for The Capital was granted planning approval in June. That £13m project will add 18,000 sq ft of office space to the building and is set for completion by 2009.
Downing, owner of the Port of Liverpool Building, is Liverpool’s biggest commercial landlord and in July revealed it was hungry for more devel- opments and acquisitions after pocketing £140m after completing the sale of its student accommodation arm. Its portfolio includes Welling- ton Building on the Strand and No 1 Old Hall Street.
At the end of June George Downing picked up the Businessperson of the Year accolade at the Daily Post Regional Business Awards.
Downings website for the capital building can be found here:
http://www.thecapitalbuilding.co.uk
Which doesn't say much at all. The Sandcastle is still going to have a that awful dirty brown cladding on it. Not much change.
If they had any brains they totally re-clad in in different shades of white and black on different facets of the building. Give it to some some students and some real nice designs will come up. Reclad in different colours? Also the external cladding can be insulated too.
What a let down! A building crying out for some creation imagination.
The new Amsterdam at Liverpool?
Save Liverpool Docks and Waterways - Click
Deprived of its unique dockland waters Liverpool
becomes a Venice without canals, just another city, no
longer of special interest to anyone, least of all the
tourist. Would we visit a modernised Venice of filled in
canals to view its modern museum describing
how it once was?
Giving Liverpool a full Metro - CLICK
Rapid-transit rail: Everton, Liverpool & Arena - CLICK
Save Royal Iris - Sign Petition
Bookmarks