Plans for a new £40 million residential development in Liverpool’s Knowledge Quarter have been unveiled.
The Rise will be built 400 metres from the site of the Royal Liverpool Hospital and includes a mix of student and private accommodation.
Primesite Developments has purchased the previously derelict site on Low Hill and is now clearing it to make way for the U-shaped building which is due for completion in August 2018.
Planning permission is in place for the scheme which includes 246 private residential units alongside 146 student units – a mix of cluster accommodation and studios.
Bobbie Johnson, director at Primesite, says: “As a local business, this opportunity to have a positive impact on the regeneration of the area is very important to us.
“By creating a new residential building on a previously derelict, eyesore site, we hope to improve housing options for both workers and students.
“The Rise is designed to fit in with its unusual mixture of surroundings – a main junction, housing, an industrial estate, and gardens – to become a landmark that is part of the fabric of Liverpool.”
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