by Ian Hughes
16th August 2022

Sourced Construction Grouphas acquired a site close to Liverpool city centre with planning consent for 310 apartments.

Grosvenor Square CGI image

Grosvenor Square CGI image

The £65m development, designed by architects’ practice Jennings Design Associates, will comprise a mix of one- and two- bedroom apartments.

Sourced Construction Group will bring forward the residential scheme, with phase one of the project due to start this year.

Grosvenor Square will feature 310 luxury apartments set out across four, nine-storey buildings.

The communal facilities for residents sole use feature landscaped gardens, parking facilities, working space, secure bicycle storage and also boast a 24-hour reception/concierge service.

The scheme will create more than 200 new jobs while providing redevelopment to the currently unused site.

It is located in the Bevington Bush, overlooking LJMUs James Parsons Building and the new Merseyside Police headquarters.

The site is in easy walking distance of Liverpool city centre and Liverpool’s dock area.

Cheshire-based Sourced Development Group, which acquired the site, plans to bring forward 1,600 homes across the North West during the next three years.

Other developments include Westminster Park, a 614-apartment development, which is currently in the early stages of construction near to the neighbouring Grosvenor Square site

A spokesperson for Sourced Development Group said:

“Following the success of Derby Court which completed in April 2022 we are delighted to bring Grosvenor Square to life and construction on our third Liverpool city centre scheme will start shortly, further cementing our commitment to the provision of quality homes to the city region.”

Grosvenor Square has a GDV of approximately £65m.

For more on Liverpool’s land and property sector click HERE.

Ian Hughes
Ian Hughes
Marketing Manager
16th August 2022