St Helens is “a ‘sleeping giant’ which can be brought to life with regeneration” according to a developer in the area.
Luxor Group has highlighted the potential for the town after receiving the go-ahead for its £1 million transformation of the former Tyrers department store.
The Liverpool City Region based property firm acquired the iconic building in December 2016 and has now received planning permission for its mixed-use redevelopment of the site, which will create 15 apartments and leisure space on the basement and ground floor.
A3/A4 use of the bottom floors has been approved by St Helens Council, which could see a restaurant, café, pub or bar occupy the unit.
Meanwhile the building’s residential offer, to be known as Luxor Lofts, will consist of nine one-bedroom apartments and six two-bedroom apartments available for rent.
Work is now expected to begin in July on the project, with completion expected by the end of 2017.
Paul Nicholson, managing director of Luxor Group, says: “This is a major milestone achieved for this development, which will result in much needed high quality housing for St Helens as well as introducing a new brand to the town centre in the commercial unit. We are currently seeking offers for the duplex commercial unit and have successfully secured a wider planning use.
“The 15 new apartments will provide modern, luxury living space and make a positive contribution to the town centre. We are investing heavily in to St Helens as we consider it to be a ‘sleeping giant’ which can be brought to life with a new vision and regeneration plans supported by the council.
“We are committed to making a positive contribution to the area and bringing this landmark building back to use. We are excited to get on site and start working on our £1m vision for the property.”