I heard some tittle-tattle about the Baltic site...though who knows if it's true or not. Anyway I heard Laing were owed a few million, so rather than take a big loss in unpaid fees, they bought the site. It's rumoured the cranes have been taken down to be moved to the new Anfield ground. I've been told that Anfield is the top priority, so I'd expect the Baltic area to be in limbo for a while.
Administrators called in to £50m building site
Apr 11 2007
Neil Hodgson
ADMINISTRATORS have been called in at a £50m development site on Liverpool’s Baltic Triangle which has been at a standstill since last year.
London-based developer Windsor Group has been in dispute with builder Laing O’Rourke who last week began dismantling cranes on the housing development site.
A Windsor Group spokesman said their interests in the Baltic Triangle area are at an “advanced stage of being restructured and to this end we are bringing in additional partners.”
He admitted: “In the interim, by agreement with our bankers, an administrator has been appointed."
The company said it is still committed to its Baltic Triangle plans.
Laing O’Rourke declined to comment.
Source: icLiverpool
That's bad but at least things are moving forward. Such an important area of land that.
Become A Supporter 👇
Donate Via PayPal
Must've been fun - two of the cranes have their bases submerged in the lake that has formed in the basement of the development...
There's a short term idea, fill it in with water and open it as Liverpool's newest public baths! We had one years ago on the sea front.
Become A Supporter 👇
Donate Via PayPal
Cover it all over, and then we've got artifical underwater caving
And naturally here are a couple of exclusive photos...
Cheers Snappel, I never realised it was this far advanced behind the hoardings. I wonder what'll happen with this now - if they'll rip it all down and start again
Hopefully the problems will be resolved and they'll continue. Would be a shame to rip it all out so early...
LOL! Behave yerself smug oneOriginally Posted by snappel
Here's a few eggslusives from November 2006
I'll get my coat...
£1bn Baltic Triangle project collapses
Apr 12 2007
by Larry Neild, Liverpool Daily Post
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...
Site must not be left an eyesore
Apr 12 2007
by Alan Weston, Liverpool Daily Post
AT SUCH an important juncture in the city’s history, the last thing it needs is another flagship development site being left as an eyesore.
Yet that is precisely the danger facing Liverpool’s Baltic Triangle, after contractors finally abandoned a £1bn project to transform the site.
An administrator has now 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 waterfront The Strand and Hurst Street, was destined to be a £50m high-rise apartment block
It now has a “ghost town” appearance, with skyscraper cranes and building equipment removed from the site and no signs of activity. Local councillor Steve Munby is correct to point out that the area cannot be allowed to remain an eyesore in such a prominent location.
Story continues...
Hopefully a new developer and/or contractor will be found who can continue with the project. This site cannot be left untouched for too long and I have a funny feeling it won't be.
ONE of the co-founders of the development firm set up to transform Liverpool’s Baltic Triangle is set to assure city council leader Warren Bradley that the regeneration will go-ahead. more
Become A Supporter 👇
Donate Via PayPal
Posting Permissions
Reply With Quote
Bookmarks