Nexus Residential announces practical completion of £35 million Baltic Triangle scheme

Liverpool-based property developer Nexus Residential has reached practical completion at Central Park, a new residential scheme in the Baltic Triangle.

The update marks a major milestone in the regeneration of a previously unused brownfield site in one of the city’s most dynamic neighbourhoods. The site had been vacant prior to construction and had become a magnet for antisocial behaviour.

Delivered by main contractor Legacie, the £35 million scheme offers an extensive range of resident-focused amenities, including a rooftop terrace, residents’ only gardens and an outdoor gym. The main architect appointed to the scheme was Falconer Chester Hall. Residents of Central Park will also have access to Nexus Residential’s neighbouring scheme, One Baltic Square, and its landscaped piazza and gardens.

The scheme, which comprises 174 apartments and townhouses, was delivered by main contractor Legacie, with Falconer Chester Hall appointed as architect. Facilities include a rooftop terrace, landscaped gardens and an outdoor gym. Residents also have access to the landscaped piazza and gardens at the neighbouring One Baltic Square development.

The scheme strengthens Nexus Residential’s long-term investment in the Baltic Triangle. Between Central Park and One Baltic Square, the developer has contributed almost £700,000 in S106 contributions to Liverpool City Council. The two developments bring the total number of homes created by Nexus Residential in the area to 470, reinforcing their commitment to delivering sustainable regeneration at scale.

Michael Gledhill, CEO of Nexus Residential, says: “Achieving practical completion at Central Park is a proud moment for everyone involved with the project. For many years, this site represented untapped potential, and we have remained committed to investing in the local community and unlocking that opportunity together.

“Today, that same brownfield site has been transformed into a thriving new neighbourhood, delivering high-quality, well-connected homes in a place that people can be proud of. Developments like Central Park highlight the positive impact regeneration can have on our communities – creating opportunity, enhancing quality of life for local people, and supporting the long-term success of the city as a whole.”

John Morley, CEO of Legacie, adds: “Central Park is another successful scheme delivered by the Legacie team on behalf of Nexus Residential, reflecting a continued and trusted relationship between us both.

“Bringing a complex brownfield site to practical completion has required close collaboration throughout. We’re pleased to have delivered a high-quality development that meets our shared ambitions. The transformation of the site demonstrates the value of long-term partnerships and collaboration to deliver for our communities.”

All apartments and townhouses at Central Park have been sold through Nexus Residential’s sales partner, RWinvest. The scheme attracted buyers from within the UK and overseas. Legacie will manage the development on an ongoing basis as the property operator.

About Author: YM Liverpool