Work has now started onsite at the Kings Dock Mill development in Liverpool’s Baltic Triangle
The development, being delivered by Liverpool based architect LAG Pritchard, is located just behind the Baltic Fleet pub.
It includes a 150 bed ‘Hampton by Hilton’ hotel, which is only the third to be developed in the UK, 3,600 sq ft of office space and a mix of 190 one and two bed apartments.
Contractors Bowmer and Kirkland have started digging the foundations for the 1.5 acre mixed use scheme, and are carrying out other key preparation works.
Jonathon Prichard, director at LAG Prichard, said: "This scheme will transform an old warehousing site into a vibrant mixed use development, anchored by a new hotel.
“This development is another sign of Liverpool’s continued renaissance – the fact that we secured funding for this scheme and can now start on site in the current market place shows its quality and the confidence we have in the city.”
“It is within easy walking distance of Kings Waterfront, ACC Liverpool and Liverpool One and will act as a further extension of the city boundary and offer city centre living for all those keen to take advantage of these great new facilities.
“Our work with urban regeneration company Liverpool Vision has enabled us to reach this significant milestone and it is a great example of the public and private sector working together to ensure the delivery of quality schemes.”
Barry McGorry, development manager, Liverpool Vision added: “In addition to its significant impact on the regeneration of the Baltic Triangle area this high quality hotel development close to major attractions in the City Centre and the Waterfront will enhance Liverpool’s status as an international visitor destination.”
The Kings Dock Mill development received £22.5m funding from Lloyds TSB Corporate Markets in September. It received £5m mezzanine funding from Investec Private Banking in January.
Construction is due to be completed by January 2010.