£100m scheme to bring new retail development to Liverpool
today Apr 12, 2019
Property developer Nikal and The Addy Consultancy are planning to create a £100m retail and leisure development in the King’s Dock area of Liverpool.
The companies have acquired a one-acre brownfield site in a prime position on King’s Dock Street. It is the first of several acquisitions they plan to make in Liverpool to elevate the city’s profile and attract more tourists. The site currently operates a Sixt Rental Car depot.
Nikal co-founder Alan Murphy said: “I’ve waited many years for the opportunity to deliver a development in my home city and now is the perfect time, both for us as a business but also in light of the regeneration underway at King’s Dock and along Liverpool’s waterfront as a whole.
“I’m looking forward to helping contribute to [Liverpool’s] worldwide appeal with well designed mixed-use developments that will encourage tourism, generate jobs and create inspiring spaces for people to live and thrive.”
This will be Nikal’s first development in Liverpool. Elsewhere in the North West, the company is delivering a £70m residential and lifestyle Quarter in Altrincham and a £300m mixed-use scheme on Blackpool’s historic Central Station site.
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