Contractor appointed to first phase of £250m Infinity development

Developer Elliot Group has appointed Liverpool-based Vermont Construction to deliver the first of three towers in its £250m Infinity development on the northern edge of Liverpool’s business district.

And with more than 70% of apartments in Tower 1 now sold to UK and overseas investors, the ambitious scheme has also set a new price record for the city of £398 per square foot.

Elliot Lawless, of Elliot Group, said: “We looked at Vermont’s track record building towers in Liverpool and Salford Quays and it was clear that they had a firm grip on the issues posed by going tall.

“It’s good to be able to maintain our track record of working with a strong local supply chain. Building capacity in the sector will benefit the city overall.”

On the new price record he added: “There’s no doubt that this will help support other developers’ ambitions.

“The Cargo Building raised the bar as far as achievable rents in Liverpool were concerned.

“It demonstrated that if the quality of the product is there the market will pay for it, and it’s helped us demonstrate to investors that there’s the appetite for better specified homes.”

He said: “By setting a new price record it will support the viability of other developments and support the emerging cluster of towers in the north end.”

Vermont chief executive Mark Connor said: “We are delighted to be working with Elliot Group to deliver this landmark building which we believe will set a new benchmark for residential accommodation within the city.

“Vermont are proud to have been at the forefront of regeneration in the city over recent years and the Infinity scheme is a further statement of Liverpool’s progression and investors’ confidence in the city’s residential market.”

Work clearing the Pall Mall site for the 39-storey tower began in April and construction will commence in September, with an anticipated completion date of spring 2020.

The remaining towers in the project will rise to 27 and 33-storeys, respectively.

Falconer Chester Hall are the scheme architects, while Savills have been appointed as employer’s agent.

WSP are the structural engineers and planning was managed by Zerum Consult.