Plans in for £80m Liverpool PRS tower block
Joint venture developers Moda Living and Apache Capital Partners have lodged plans with Liverpool City Council for an £80m private rented block of flats on Liverpool's waterfront.
The planned tower rises to 34 storeys and will be located within the Princes Dock development plan, which forms part of Peel Group's huge £5.5bn Liverpool Waters project.
Apache Capital is fully funding the 300 rented flats scheme, with communal facilities including a 17th floor residents' lounge, gym, a roof, terrace, a garden and a cinema.
This is the second project to be delivered through the Apache Capital and Moda Living JV partnership.
Carillion will start work on the joint venture's first scheme known as Angel Gardens in Manchester later this month. This 34 storey tower will contain 466 flats in a £128m development on the NOMA site.
The partnership has to date secured a PRS development pipeline of around 5,000 flats located in prime city centre sites across the UK's major regional cities with an end gross development value of £1bn.
The latest planned building will play a prominent part in the Liverpool Waters masterplan, which will see the regeneration of 60 hectares of historic dockland into a mixed-use waterfront development quarter.