Liverpool City Council has shortlisted three development partners for a £200m office-led scheme at Pall Mall Exchange.
Muse Developments; a joint venture between Vinci Developments and Neptune Developments; and a joint venture between CTP and Kier Property have all made the shortlist for the city centre scheme.
The council issued an OJEU notice in September to attract a developer to build up to 400,000 sq ft of offices on an 8.6-acre site between Tithebarn Street and Leeds Street.
The authority is using its acquisition of a three-acre car park from the Homes and Communities Agency earlier this year to unlock the wider Pall Mall site. It will discuss with the developer how to use the car park site to deliver a mixed-use scheme including a hotel and flats. The plot is adjacent to the Exchange Station and St Paul’s Square office developments, where occupiers include Investec, US Airways, Santander and Weightmans.
Pall Mall Exchange is intended meet demand for grade A office accommodation in the commercial business district, which was highlighted in the city centre’s 15-year blueprint, the strategic investment framework.
JLL is advising the council. It is understood a final decision will not be made until next year.
A council spokesman confirmed three parties had been shortlisted from nine applicants but would not comment on the organisations chosen.
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