Jackson Lees appointed to advise on landmark Tobacco Warehouse development
Stanley Dock Properties Ltd, the company behind the transformation of Tobacco Warehouse at Liverpool’s Stanley Dock, has appointed solicitors Jackson Lees Group as its advisers on the landmark development.
The Jackson Lees Group will advise the developer on the sale of hundreds of apartments at the iconic Grade II-Listed building, which is being carefully restored and converted into a £130 million residential development.
One of three architecturally and historically important buildings at Stanley Dock, the Tobacco Warehouse was the largest brick building in the world at the time of construction in 1901.
The first phase of almost 200 apartments will be completed in 2020, with some units ready for occupation in the first half of the year. Prices start at £215,000, with the average apartment size approximately 1,400 sq. ft, roughly double the size of a standard apartment on the market.
Angela Hesketh, Group Head of Property at Jackson Lees Group, said: “We’re extremely pleased to have been appointed to advise on this landmark scheme, which will play an important role in revitalising the North Docks and is breathing new life into one of Liverpool’s most iconic and much-loved buildings.
“Ensuring a strong flow of high-quality residential developments is key to ensuring Liverpool remains an attractive destination for inward investment and is able to enjoy sustainable, secure long-term growth. We’re delighted to be a part of that process and look forward to working closely with Stanley Dock Properties Ltd on this project.” The warehouse’s original architectural details have also been preserved, including exposed brick walls, cast-iron structural columns, concrete ceiling beams and a unique two-floor layout, reminiscent of New York ‘loft living’.
Amenities include a 24-hour concierge, secure parking, an inner courtyard garden, residents’ lounge and a stunning entrance lobby. The ground floor will feature up to 100,000 sq. ft of retail and commercial space for shops, restaurants and offices. Plans have also been revealed to create a pedestrian walkway encircling Stanley Dock, which will be open to residents and guests.
The luxurious apartments will benefit from dual aspect views overlooking Liverpool’s UNESCO world heritage waterfront and a central courtyard.
Patrick Power from Stanley Dock Properties Ltd, said: “We’re delighted to have Angela and the Jackson Lees Group team on board. Angela is highly experienced with a real depth of expertise and insight, which will prove invaluable as we bring this portfolio of outstanding properties to market.
“This landmark mixed-use development will create a thriving community in the heart of one of Merseyside’s most historic locations and it’s great to have the right team in place as we bring the revitalisation of the Tobacco Warehouse to fruition.”
The award-winning Jackson Lees Group provides full-service legal solutions to personal and commercial clients and has over 280 employees across six offices in Merseyside and Manchester.
This was posted in Bdaily's Members' News section by Sarah Jones .