Liverpool-based Neptune Developments will submit a planning application later this month for the £45m regeneration of a site on the city’s waterfront.
The developer plans to build 201 flats, a 170-bedroom hotel and around 5,000 sq ft of mixed commercial space on a site known as the Baltic Triangle/Cornhill.
The scheme, designed by local architect Falconer Chester Hall, will comprise four buildings, with the first containing 159 flats and around 2,000 sq ft of leisure and shops and the second containing 42 flats. An outline application will be submitted for the third and fourth buildings, including the hotel and a building which could contain offices, homes, or leisure facilities.
The plans also include a 330-space underground car park.
The Baltic/Cornhill site is located on Wapping, opposite the King’s Dock, and near to Grosvenor’s Liverpool One shopping scheme. Plans by Windsor Developments to develop the site in 2006 were dropped when the developer went into liquidation and the site has been mothballed.
Neptune aims to start construction as early as this summer, subject to planning.
Steve Parry, Neptune Developments’ managing director, said: “This is a key site in the heart of Liverpool and its proximity to the Liverpool Echo Arena and Conference Centre, Liverpool One, and of course our Mann Island scheme, make it a very attractive proposition.”
daniel.cunningham@estatesgazette.com
