Apartments in former John Lennon wedding venue swept off market
Posted by Richard Bell on 10 Jan 2017
Developer Caro Developments is celebrating after selling all units at its Parker Street scheme in Liverpool off plan.
The effort to breathe new life into Reece’s Ballroom, known as the venue of John Lennon’s first wedding, saw building firm Nobles Construction convert the site’s upper floors and rooftop into modern city centre apartments.
Once complete, the Parker Street scheme will deliver 91 studio and one-bedroom apartments.
Work is now well underway, with contractors currently strengthening the steelwork in preparation for extending the Clayton Square-based property from five to seven storeys.
The project is designed by Liverpool architects Falconer Chester Hall.
Caro Developments’ operations director, Lee Darwen, said: “Just 12 months from our acquisition of the site we are thrilled to announce that the response to the Parker Street Residences has been huge with all units now sold.
“It’s an exciting time for Liverpool’s Clayton Square area which has seen a lot of investment and improvements in the past year. The apartments are a great addition to the ongoing investment in the area.“
He continued: “Overseas interest has been key to the overwhelming success of Parker Street, with lots of interest coming from both Europe and further afield. In the wake of Brexit, it is more than encouraging to see that there is still a lot of faith and interest in Liverpool’s residential offering.“
The Clayton Square area of Liverpool city centre has undergone significant improvements in recent years, including the £2.5m refurb of St Johns Market and the council’s £3.5m upgrade of surrounding public realm.