£140m Heap’s Rice Mill conversion scheme gets under way
A £140m scheme to transform a former city centre mill into luxury apartments, commercial space, an underground spa, and musuem, has begun in Liverpool.
Legacie Developments has started work at Heap’s Rice Mill in Liverpool city centre, which will involve 620 units, featuring one- and two-bedrooms, with the surrounding land also being transformed into a 16-storey apartment block.
Previously used by Joseph Heap & Sons – which once ground rice for Kellogg’s Rice Krispies – it is one of the last surviving warehouse complexes in the area.
The Grade II-listed building on the edge of the Baltic Triangle has been empty since 2005, and has had planning permission since 2014.
The developer has partnered with international sales agent, RWinvest, to promote the scheme. It has attracted unprecedented demand, with 80% of the units already sold. As well as the apartment scheme, a new hotel is being constructed next to the main warehouse.
Meanwhile, a special nod to the site’s 18th century beginnings is planned, with a museum celebrating its unique history set to be erected in the building’s reception area.
The development is expected to complete by summer 2025 and will create more than 150 jobs during the construction phase.
John Morley, founder and CEO of Liverpool-based Legacie Developments, said: “This is going to be another game-changing development from Legacie.
“The site is held in high regard by the people of Liverpool and we have started work on a sensitive redevelopment that pays tribute to the history of the building but also delivers a modern living complex complete with first-class facilities.”
He added: “We are incredibly excited to have started work on this iconic project. It is a significant addition to our portfolio.”
Managing director of RWInvest, Michael Gledhill, said: “Heap’s Mill will be an iconic development, bringing back to life a historic building which has sadly been left derelict.
“Legacie’s sensitive restoration of the mill, together with a state-of-the-art spa and luxury apartments, will help breathe new life into this part of the city centre.
“It is going to be a fantastic scheme for Liverpool and we are excited to see it through to completion.”