Member Article

£30m building transformation on Liverpool waterfront

A former customs and revenue office will be transformed into a residential development on the Liverpool waterfront.

“The Keel” will have 240 waterside apartments available to rent from early Autumn 2015.

The project will cost £30m of investment from Moorfield Group on behalf of the Moorfield Real Estate Fund III (MREFIII), and will work with development partner Glenbrook Property.

A choice of one, two or three bed apartments and studios will be available to rent, either furnished or unfurnished. Surrounding a private central quay and overlooking the River Mersey.

Chief investment officer at Moorfield, Charles Ferguson Davie, said: “Liverpool’s waterfront has witnessed a significant revival over recent years and The Keel is the perfect new addition to the regeneration of the area, creating a landmark asset for the City Centre and part of a larger strategic move into the purpose-built private rental sector for funds managed by Moorfield.”

“From the high quality interiors to the spectacular views throughout, The Keel will provide unique rental accommodation just a stone’s throw from the vibrant City Centre.

“The single landlord combined with a dedicated on-site management team will give tenants guaranteed peace of mind that there is always someone on hand to assist.”

Director of Glenbrook Property, Ian Sherry, said: “The Keel is one of the City’s most spectacular new residential schemes and we are extremely excited about opening the doors to unveil what we and Moorfield have created here - it’s a far cry from the old interiors of the former tax office!”

Deputy Mayor of Liverpool, Councillor Ann O’Byrne, said: “This development has secured the future of a landmark building on the city’s waterfront and is a welcome addition to the rented accommodation sector in Liverpool.”

This was posted in Bdaily's Members' News section by Sophia Taha .