Green light for first tower on £1bn Liverpool scheme | Construction Enquirer News
Summary
Construction is set to begin on the first tower of the £1bn King Edward development in Liverpool, marking a significant step in the city's regeneration efforts.
Why It Matters
This development represents a major investment in Liverpool's infrastructure and urban landscape, aiming to revitalize the area with modern residential options and potentially reshape city policies on building heights. It reflects broader trends in urban regeneration and economic growth.
Key Takeaways
- Demolition works will commence this spring, paving the way for construction.
- The first phase includes a 28-storey residential tower fully funded by shareholders.
- The King Edward masterplan aims to challenge existing building height policies in Liverpool.
Demolition works starting this spring will be followed by construction of a 28-storey residential tower on the regeneration site’s first plot. A demolition contractor will be appointed imminently while the Enquirer understands talks are now set to start with a shortlist of contractors for the first tower. Hugh Frost of developer Beetham Davos said: “It feels like we’ve pushed a big green button marked ‘go’. “The tower is fully-funded by the project shareholders and we will now move forward at pace.” The wider King Edward masterplan would see a cluster of tall buildings, with a stated ambition of ‘pushing the boundary’ of the city’s policy on building height including a 60-storey tower.