The transformation of Liverpool’s Heap’s Rice Mill into 781 new homes is to get underway before the end of 2019 – five years since plans for the project were first revealed.
Local property developer Elliot Lawless, in a joint venture with Anthony Maxwell-Jones of Valorem Investment Partners, has bought back the scheme from the investors he sold it to in December 2015.
Planning permission for the development, which comprises four new blocks plus the listed Heap’s Rice Mill, remains in force after the previous owner, Inhabit, started work on site.
The housing, which is to be reserved for local owner occupiers only, will be based around a new public square surrounded by 12,000 sq ft of ground floor restaurant and retail units.
Elliot says: “Heap’s Mill is a fantastic building that lends itself more to owner occupiers who want heritage and extra space.
“Buyers will have to commit to live there themselves and we see that as helping embed a stable community in the wider development.
“We want to get cracking and build momentum behind the scheme. We’re committed to delivering what will be one of the most significant projects in the city and I want to put another crane on the skyline. A year-end start is in our sights.”
YM Liverpool spoke to Elliot about the project in November 2014 – two months after the plans were originally released.