Peel given green light for Liverpool Waters schemes

Peel Land & Property has been given the go-ahead for two new developments at its £5.5bn Liverpool Waters project. The developer will now start work on the £21m Plaza 1821, a 105-flat PRS scheme being built for the Regenda Group, and the £55m Hive City Docks, a 31-storey, 278-flat scheme with a top-floor restaurant, being developed for Your Housing Group. Plaza 1821 will be the first PRS block to be developed by Peel Land & Property. The new developments will be located at Princes Dock, one of the five neighbourhoods at Liverpool Waters. Liverpool Waters is the largest single development opportunity in the city. The 30-year project will deliver 18.3m sq ft of development, including 9,000 homes, over almost 150 acres and 2.3km of waterfront land. The Princes Dock element of Liverpool Waters is already home to a number of blue chip firms, including PwC and KPMG, Crowne Plaza and Malmaison hotels and three luxury residential towers. To send feedback, e-mail Samantha.McClary@egi.co.uk or tweet @Samanthamcclary or @estatesgazette