Peel and Regenda submit plans for £21m waterside development in Liverpool
Plans to build a £21 million residential tower within Liverpool Waters regeneration scheme have been submitted by Peel Land and Property and the Regenda Group.
Named after the year Princes Dock first opened, the proposed Plaza 1821 development, is a private rented sector (PRS) scheme that will comprise 105 one and two-bedroomed apartments, as well as ground floor retail or amenities.
Plaza 1821 is one of three waterside residential developments the duo is hoping to build at the £5.5 billion regeneration scheme this year.
Neil Baumber, Peel Land and Property’s development director for residential, said: “Plaza 1821 is the latest and significant piece in the jigsaw for Peel’s vision at Liverpool Waters, as it will bring much needed quality residential apartments to a vibrant waterfront location.
“Liverpool Waters is an important part of our Strategic Waters strategy and is one of the most dynamic regeneration projects in the City’s history. The proposals for Plaza 1821 will bring us one step closer to achieving our vision to create a world class destination where people can live, work and play.”
Martin Davies, director of development at Regenda, said: “Plaza 1821 is a landmark project for Regenda. It marks our biggest ever investment – made even more special because it’s right here in Liverpool, where we’re proudly based. The vision for Liverpool Waters is truly spectacular, something that will further enhance our city region.
“We recognised this unique opportunity to work with Peel to create a distinctive scheme with a ‘wow factor’ worthy of Liverpool’s waterfront.”