Buyer confirmed for King Edward Triangle

KEIE Limited (a group company of T.J. Morris Limited, who trade as Home Bargains) is confirmed as the buyer of The King Edward Triangle neighbourhood within Liverpool Waters from waterside regeneration specialists Peel Waters.

T.J. Morris has partnered with Hugh Frost, the founder of Beetham Organization Ltd, to bring the prime city development site forward. Frost is best known for redefining the skylines of Manchester, Liverpool and Birmingham and demonstrating that high-quality residential and mixed-use towers could thrive in key provincial cities.  He said:

“We can expect a stunning mixed use development worthy of our great city.  It’s a privilege and pleasure to be involved again on home soil, in what is going to be a transformational project for Liverpool city centre.  Our development will bring jobs and prosperity through a variety of uses.

a well-planned tall building zone

“The site has outline planning consent as a neighbourhood of the Liverpool Waters masterplan, but our proposals will aim to be more ambitious, demonstrating what a well-planned tall building zone can really deliver.”

Addressing concerns about the needs of existing tenants of the industrial estate, Mr Frost said:

“We are aware of the concerns that existing tenants have and there is genuine empathy for the traders on the estate. Every effort will be made to help them with relocation at the appropriate time.”

We believe this development will be transformational to our home city

Commenting on the deal, Dave Little, Director of KEIE, said:

“We are extremely excited to be able to bring forward this prime redevelopment site. We believe this development will be transformational to our home city and is key to support our future economic growth. As a local company, we are proud to be playing our part in the regeneration of this area of the city. With the support of T.J. Morris Limited, we are well placed and have the expertise, imagination and drive to deliver something special. Key to our involvement is our partnership with Beetham Limited who have the right track record and the same desire as us to provide a landmark scheme for future generations.”

Chris Capes, Director of Development at Liverpool Waters, said:

“The King Edward Triangle neighbourhood is a pivotal link between Liverpool Waters, the Business District, and the city centre. Securing partners with such ambitions for this key site is fantastic news for Liverpool Waters and the city of Liverpool.

“Bringing in other developers and investors to work in partnership with us to accelerate the regeneration of Liverpool’s northern dockland has always been part of the strategy for the scheme, and we look forward to seeing Hugh Frost and his team transform the site, bringing new jobs and new homes to the area.”

Commenting on the role of Liverpool City Council to date, Hugh Frost said:

“Liverpool council have been proactive and supportive, and I am looking forward to working with them to realise our ambitions.”