Work starts on final Wolstenholme Square project
Liverpool-based Newry Construction has begun work on the final building in developer Elliot Group’s £100m masterplan for Wolstenholme Square, in Liverpool.
The Address, at One Wolstenholme Square, will provide 151,620 sq ft of new space which will include 32 studios, 102 one-bed apartments and 66 two-bed homes.
There will be two commercial units on the ground floor, with the developer committed to leasing them to local entrepreneurs in line with its wider strategy for Wolstenholme Square.
The £40m luxury apartment block is on the former headquarters of social care charity PSS, which Elliot Group acquired in June 2017, and will rise to 11 storeys.
“It’s great to see the steel framework coming out of the ground and another tower crane on the Liverpool skyline,” said Elliot Lawless of Elliot Group.
“Hundreds of people have already moved in to the earlier phases of the development and our lettings strategy for the commercial space is bringing some really interesting proposals forward from local entrepreneurs.
The feel of the area is being transformed and the Seel Street Hotel has added nicely to the mix, too.”
The £20m hotel opened in December in time for Liverpool FC’s Champions League clash with Napoli, and since then has enjoyed buoyant trading.
The luxury property is managed under contract by Liverpool-based EPIC and boasts 128 rooms, rooftop hotel suites with terraces, and a residents’ bar and gym.
“We always said that if we could carefully manage the mix of uses and activities we’d re-define what was a tired corner of the Ropewalks, and I think we’ve achieved that,” said Lawless.
“The Address will complete the picture perfectly.”
When completed, Wolstenholme Square will comprise more than 700 new homes, 12,000 square feet of ground floor commercial space, and a new hotel.
Construction of The Address, designed by Falconer Chester Hall, is anticipated to be completed by June 2020.
