Legacie Developments has officially started work on its £140 million redevelopment of Heap’s Rice Mill in Liverpool city centre.

The property company, which has recently secured planning permission for a luxury underground spa inside the former mill, is delivering a mixed-use regeneration scheme featuring luxury apartments and commercial space.

Legacie Developments will build 620 homes on the site, featuring one and two-bedroom units, with the surrounding land being transformed into a 16-storey apartment block.

Previously used by Joseph Heap & Sons Ltd – which once ground rice for Kellogg’s Rice Krispies – it is one of the last surviving warehouse complexes in the area. The Grade II-listed building on the edge of the Baltic Triangle has been empty since 2005, and has had planning permission since 2014.

The developer has partnered with international sales agent, RWinvest, to promote the scheme, and has reported unprecedented demand, with 80% of the units already sold. As well as the apartment scheme, a new hotel is being constructed next to the main warehouse.

Meanwhile, in a special nod to the site’s 18th Century origins, a museum celebrating its unique history is set to be erected in the reception area of the building.

The development is expected to complete by the summer of 2025 and will create more than 150 jobs during the construction phase.

John Morley, founder and CEO of Legacie Developments, says: “This is going to be another game-changing development from Legacie.

“The site is held in high regard by the people of Liverpool and we have started work on a sensitive redevelopment that pays tribute to the history of the building but also delivers a modern living complex complete with first-class facilities.

“We are incredibly excited to have started work on this iconic project. It is a significant addition to our portfolio.”

Michael Gledhill, managing director of RWInvest, adds: “Heap’s Mill will be an iconic development, bringing back to life a historic building which has sadly been left derelict.

“Legacie’s sensitive restoration of the mill, together with a state-of-the-art spa and luxury apartments, will help breathe new life into this part of the city centre.

“It is going to be a fantastic scheme for Liverpool and we are excited to see it through to completion.”

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