SDG In the press: Place North West
Updated: Mar 14, 2022
Sourced snaps up £100m Liverpool scheme
The Widnes-based developer has acquired a site on Scotland Road with consent for 612 apartments from Greg Malouf’s Bevington Developments.
Newry Construction has started work on the £100m Liverpool project, known as Westminster Park, and the first phase is due to complete in January 2023.
The development, designed by Falconer Chester Hall, will comprise a mix of one- and two-bedroom apartments across three blocks of nine to 17 storeys.
A vision for the site was first proposed in 2016. Bevington Developments, headed up by Romal Capital chief executive Malouf, won consent for more than 1,000 student flats.
However, the following year the plans were reworked, and the student flats were ditched in favour of traditional apartments.
Sourced completed the acquisition of the site in February. “I am delighted to announce the acquisition of Westminster Park,” said Joanne Waller, managing director of Sourced Development.
“We thank Liverpool City Council along with our professional team in bringing this exciting new site to life. With a bold design and modern architecture, this site will further beautifully enhance the entrance to the city of Liverpool.”
Westminster Park forms a key part of Sourced’s plans to deliver 1,600 homes across the North West over the next three years.
The company’s other projects include the 392-home Kingsway Square in Liverpool and the 525-apartment Regent Plaza.
3 Mar 2022, 17:18 Dan Whelan