Peel’s Liverpool Waters welcomes international property developer to £5 billion regeneration project
International development company, Romal Capital owned and operated by Gregory Malouf, has now completed the steel superstructure at its Quay Central building within Liverpool Waters’ Central Dock neighbourhood.
Once completed, the eight-storey residential apartment building will provide 108 high-specification one and two-bedroom apartments. It will also offer 600 sq. m of commercial space on the ground floor.
Romal Capital and Peel, who own and manage the Liverpool Waters project with a planning consent for 2m sq.m of development, have worked closely together to ensure that Quay Central will boast smart living amenities by offering the best energy solutions, hyper-fast broadband and all the very latest technology.
Malouf, originally from Australia, moved to the North West in 2015 with the intention of capitalising on the growing property market in the UK, bringing with him over three decades of international property development experience.
The commencement of work at Central Dock signals another major step forward for the £5 billion project, with Quay Central being the first building to be located within the Central Dock neighbourhood which will comprise 200,000 sq.m of development. This includes a combination of commercial, residential and leisure facilities, as well as the new Isle of Man Ferry Terminal and new public realm and park.
Gregory Malouf, Chief Executive at Romal Capital, said:
“Following years of meticulous planning and working closely with the team at Peel, to now be making significant progress on Quay Central is a real achievement for both Romal Capital and the Liverpool Waters project.”
“Being the first scheme to commence at Central Dock is something that we are incredibly proud of, and I can say from experience that I have not come across any other project that is on a similar scale or ambition to Liverpool Waters. Not only will Quay Central benefit from having such a vast array of business, residential, leisure and entertainment facilities nearby, it also has the advantage of being placed at a prime location on Liverpool’s waterfront.”
Darran Lawless, Development Director at Liverpool Waters, said:
“We are delighted to be working with the Romal Capital team and an experienced developer such as Gregory Malouf. It’s been an outstanding year so for at Liverpool Waters with Quay Central being one of many projects already under way including development at Princes Dock along with proposals for a new cruise liner terminal, new Isle of Man ferry facility and new stadium for Everton FC.
To learn more about the Liverpool Waters development project led by Peel Land and Property, please visit http://www.liverpoolwaters.co.uk.
Notes:
About Liverpool Waters:
With an estimated value of £5 billion, Liverpool Waters is one of the largest regeneration projects within Europe and the largest single development opportunity in Liverpool. Covering some 60 hectares and spanning 2.3 km of the city’s world-famous waterfront, Liverpool Waters will see the creation of a new mixed-use city district for Liverpool and bring back to life a swathe of historic dockland, parts of which are within the city’s World Heritage Site. www.liverpoolwaters.co.uk
About Peel Land and Property:
Peel Land and Property Group own and manage 1.2 million m² of property and 15,000 hectares of land and water. Their holdings are concentrated in North West England but they also own and manage significant assets in the Clyde, Yorkshire and the Medway in Kent, with a total portfolio value of £2.3 billion.
Liverpool Waters is included in Peel’s Ocean Gateway vision. Over the next 50 years, Peel’s Ocean Gateway vision will deliver an unprecedented scale of co-ordinated private sector investment. Ocean Gateway projects embrace ports; logistics; retail and leisure; residential; commercial development; media infrastructure and renewable energy. Signature schemes include; Liverpool Waters; Liverpool2; Wirral Waters; Liverpool John Lennon Airport; Port Salford and MediaCityUK
About Romal Capital:
Romal Capital is the Liverpool based property development company led by Australian real estate expert and property developer Gregory Malouf. The company boasts over 50 years of combined property development experience from across many major UK cities, as well as international markets. The management team have a wealth of experience in delivering a range of residential projects that provides investors and owner-occupiers with high-quality developments and superior returns.