Kier Property, CTP, submit plans for £200m Pall Mall scheme in UK

WCN Editorial Team 3 Jul 2019 EUROPE BUILDINGS

Joint developers Kier Property and CTP have submitted plans for the £200m Pall Mall scheme in Liverpool’s commercial district in the UK.

The mixed-use scheme’s masterplan comprises 400,000ft² of new Grade A office space, a 280-bedroom hotel, associated retail and leisure amenities, as well as a new landscaped green space and public realm.

The strategic project expects to regenerate the site, address the shortage of Grade A office accommodation in the city centre and enhance the overall offer within Liverpool’s Commercial District for workers and local residents.

Kier Property North managing director Tom Gilman said: “This is a major regeneration project at the heart of Liverpool city centre which will facilitate the expansion of the commercial business district and the future growth of Liverpool.

“Available Grade A office space in the city centre is at an all-time low which is preventing new and existing businesses from expanding and growing.”

Kier Property and CTP are working in a joint venture partnership with Liverpool City Council to deliver the Pall Mall scheme.

The 1.2ha site, which will see natural expansion of the commercial district in Liverpool city centre, features a new piece of high-quality public open space at the heart of the development.

CTP director David Topham said: “Pall Mall is going to be a major catalyst project for Liverpool. The scheme will deliver new state of the art office accommodation in the heart of the CBD that meets and exceeds current sustainability standards.

“The first phase will include a building comprising 112,000ft2 of new Grade A office accommodation with ground floor retail and leisure space.

“This building will be positioned on Bixteth Street and provide office space that is efficient in use, flexible for long term occupation, and will be the first of three buildings at Pall Mall.”

The Pall Mall development is expected to create a wide range of economic benefits including 2,400 permanent jobs, and 250 temporary construction jobs.

The partners are planning to commence construction of the first office building and public realm early, subject to approval of the planning application, in 2020.

Image: Illustration of the proposed Pall Mall scheme in Liverpool, UK. Photo: courtesy of Liverpool City Council.

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