Kier JV wins £200m Liverpool deal
A joint venture of Kier and developer CTP has won the contract to redevelop Liverpool’s Pall Mall Exchange.
The project for Liverpool City Council will provide up to 400,000 sq ft of office space over three new buildings, transforming the city’s business district.
The city council also wants Kier to explore ways to work with the new owner of an adjoining seven-acre car park to redevelop the city centre site for a mixed-use scheme including a hotel, a new car park, leisure uses and up to 2,000 new homes.
The two phases together, if they go ahead, would be worth an estimated £200m.
It is anticipated that a planning application will be submitted later in the year for the first phase at Pall Mall Exchange.
Mayor of Liverpool Joe Anderson said: “I’m delighted to have Kier Property and CTP Ltd, who have to their names a fabulous track record, as our partners in this hugely ambitious and potentially game changing development for Liverpool’s business district. We know we need more top quality office accommodation in Liverpool and this site is perfect because it is all about location, location, location. And having a partner who has an international reputation for delivering high profile schemes with flair and imagination is a great boost to our plans.”
Kier and CTP were supported in their bid by leading master planners and architects Allies & Morrison, along with Curtins, G&T, Ernest Griffiths, Eversheds and SWECO.
James Nicholson, director for Kier Property north, said: “This is a fantastic opportunity in the heart of Liverpool and we are delighted to have been selected to work with CTP in delivering the Pall Mall development with Liverpool City Council. We see this as an exceptionally high profile scheme and will ensure that we work as a team to raise the profile and regenerate the city, creating a commercial space we can be proud of.”
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This article was published on 22 Feb 2017 (last updated on 22 Feb 2017).