Legacie to revive stalled Baltic Triangle apartment scheme

Legacie Developments has announced plans to revive the stalled Parliament Residences residential scheme in Liverpool’s Baltic Triangle.

Legacie, a prominent North West construction and property development company, says it will complete the job on the 145-apartment development so that Liverpool is “not left with another unfinished building site”.

The project was placed into receivership in November last year.

Legacie will be investing between £15-20 million into the development, which will also include commercial office space.

John Morley, managing director at Legacie Developments (pictured), says: “The site is currently in a dangerous condition from the damage that has been caused since the site stalled. It requires significant investment, and the support of Legaice’s expert team, to bring it to standard.

“Our vision is to create a quality residential development on this site so that Liverpool is not left with another stalled scheme or unfinished building site. Legacie has a track record of delivery in Liverpool and so we hope to revive this project to make it something the city can be proud of.”

Legacie Developments was named ‘Developer of the Year’ at the Downtown in Business Awards in 2019 and collected the ‘High Rise Development of the Year’ prize at the International Property Awards for its work on the forthcoming £90m Parliament Square development on the edge of Liverpool city centre.

The firm will also soon start work on the £40m Merchants Wharf residential development located at Salford Quays. The company has successfully delivered a number of other residential projects including Ropemaker Place on Renshaw Street and the restoration of Reliance House on Water Street.

About Author: YM Liverpool