The Regenda Group and Peel Land and Property will now press ahead with plans for Plaza 1821, a £21 million residential development which will house 105 one and two bedroom apartments and also has dedicated amenity space on the ground floor.
The new development will be located at Princes Dock, one of the five neighbourhoods at Liverpool Waters.
Plaza 1821 is named after the year Princes Dock opened and will be a private rental sector (PRS) development, the first of its kind for Peel Land and Property. Plaza 1821 will be managed by our subsidiary Redwing Living.
Neil Baumber, development director for residential at Peel Land and Property, said:“This is the first PRS project where Peel Land and Property will be acting as the developer of the new apartment project and we are excited and delighted to be working with Regenda. Our vision is to create a waterfront for the world, bringing life back to the historic docklands, and this announcement brings us closer to achieving that ambition.
“Plaza 1821 will be a high-quality development with spectacular views of the River Mersey and the surrounding waterfront. The focus now is on getting ready for the building works and ensuring we are on site as soon as possible.”
Martin Davies, director of development at the Regenda Group, said: “We are delighted that planning permission has been granted for Plaza 1821. This landmark project for Regenda is our biggest ever single investment and an integral part of our ambitious strategy for the Liverpool City Region.
“The plans for Plaza 1821 show a spacious, high quality scheme which will be managed by our subsidiary, Redwing Living.
“Liverpool Waters is set to be a spectacular development and we are hugely excited to be part of Liverpool waterfront’s future.”
In addition to the new developments at Princes Dock, exciting plans for the Central Dock neighbourhood at Liverpool Waters were revealed at the world’s premier property event, MIPIM in Cannes, earlier in the year and the landmark regeneration scheme is also expected to be the new home of Everton Football Club who are hoping to build a state of the art stadium at the Bramley Moore Dock.