ISG has been contracted to build retail and leisure provision, student accommodation and a Premier Inn hotel on behalf of a consortium of Neptune, Liverpool City Council and Sigma Capital. Neptune is delivering the project on behalf of funder and site owner Curlew Student Trust.
Work has already begun demolishing a number of empty shops on the site next to Lime Street Station to make way for the new development.
The new scheme comprises five retail units at ground floor level – totalling approximately 28,000 sq ft – and a 10-storey, 412-bed student accommodation block. The three-storey hotel will have 101 guest rooms.
The steel frame structure of the new building will be clad with composite insulated panels and finished with perforated aluminium panels, similar to those used at Liverpool’s Everyman theatre. Designs have yet to be finalised for the panels, but the visual concept is for images of Liverpool’s historic city scape to be displayed on the building’s façade.
ISG regional managing director Andy McLinden said: “The Lime Street area of Liverpool has been in desperate need of a catalyst scheme to revitalise this key thoroughfare near the centre of the city. This mixed-use scheme represents the first phase of the Knowledge Quarter master plan and is a hugely important regional project that will transform and enhance the character and aspiration of this key gateway into the city.”