Moda Living and Apache Capital Partners have secured planning consent for their £82m, 304-home rental development in Liverpool.
The Lexington forms part of Peel Group’s £5.5bn Liverpool Waters regeneration masterplan and overlooks the docks that kick-started Liverpool’s modern resurgence.
The scheme will be delivered by Moda Living and funded by Apache Capital. The pair will retain ownership and manage it through their joint venture.
The 34-storey tower, designed by Falconer Chester Hall architects, will be the tallest residential landmark in the city’s Liverpool Waters area.
Major of Liverpool Joe Anderson said: “Liverpool is enjoying a regeneration on an unprecedented scale with a number of quality developments in the pipeline. This latest announcement for Liverpool Waters underlines the city’s ability to attract high-level investment into housing which will be crucial to supporting the city’s long-term growth.”
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