Leading UK property company X1 has been announced as the developer of Patagonia Place, a 31-storey residential development at Peel L&P’s Liverpool Waters.
X1 has a global reputation for ambitious, quality residential developments in high-growth areas, such as Liverpool, and was behind the development of The Tower near the Albert Dock which opened in 2019.
The development of Patagonia Place will go ahead in accordance with the existing, approved plans, which were originally put forward by Your Housing Group (YHG). It will consist of 278 homes and marks the fifth residential development at Princes Dock, one of five new neighbourhoods being created at the waterfront development.
Liverpool based Vermont has been appointed as the main contractor for Patagonia Place and work is already underway on site.
Liverpool Waters is delivering on the 30-year vision to completely transform the city’s northern docks, creating a sustainable world-class, high-quality waterfront, including retail, leisure, office, and residential space, and bringing life back to the historic docklands.
The waterfront project will also be the home to a new Isle of Man ferry terminal, and Everton FC’s new stadium at Bramley-Moore Dock, both currently under construction.
Chris Capes, Director of Development at Peel L&P’s Liverpool Waters said:
“With planning already approved by Liverpool City Council and a world-renowned residential developer at the helm, we are delighted that the development of Patagonia Place can now proceed full steam ahead.
“Patagonia Place is a high-quality proposition, and will be yet another incredible residential development for Princes Dock. It will create more quality homes that meets the needs of the local market and will secure local jobs and investment in an enviable waterfront location and we look forward to bringing the development forward as planned.”