Plans for £40m Knowledge Quarter development announced
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Plans for a £40m residential development in Liverpool’s Knowledge Quarter have been unveiled.
Primesite Developments has purchased the previously derelict site on Low Hill, which is being cleared to make way for a U-shaped building that will become a landmark on one of the main approaches to the city centre.
Planning permission is in place for 246 private residential units, alongside 146 student units, a mixture of cluster accommodation and studios, with completion due in August 2018.
Bobbie Johnson, director at Primesite, said: “As a local business, this opportunity to have a positive impact on the regeneration of the area is very important to us. By creating a new residential building on a previously derelict, eyesore site, we hope to improve housing options for both workers and students.
“The Rise is designed to fit in with its unusual mixture of surroundings – a main junction, housing, an industrial estate, and gardens – to become a landmark that is part of the fabric of Liverpool.”