Site preparations for Elliot Group’s triple tower project in Liverpool are due to get underway in the new year.
Demolition contractors are expected to start work on tower one of the £250 million ‘Infinity’ scheme during mid-January.
A completion date of 20 months has been scheduled for the first tower, with the entire residential-led development expected to be built out within three and a half years.
Meanwhile the developer is also said to be lining up the announcement of the main contractor in the new year.
Confirmation of a start date for the scheme, which is designed to boast far reaching views of landmarks including Mount Snowdon, comes as the gross sales value of apartments exchanged or reserved stands at £42m.
Once built, the development on the corner of Pall Mall and Leeds Street will comprise three towers ranging in height from 27, 33 and 39 storeys with a total of 1,002 apartments.
Of the 382 homes in tower one, Elliot Group is said to have exchanged contracts on 160 with a further 50 reservations via its sales agent Experience Invest.
Commenting on the attraction of the scheme, Elliot Lawless of Elliot Group says: “I’ve personally met investors in the Middle East and in London on numerous occasions and it always surprises me how much homework they’ve done about Liverpool and its economy.
“They talk to me about the port, the Knowledge Quarter and the new Everton stadium. They want to buy in to the momentum and the future as much as to the city’s history and it’s fascinating to see their take on us.”
In addition to homes, the three towers will also include a triple-height luxury spa, gym and pool along with more than 10,000 sq ft of commercial space.