A prime, mixed-use development site on Chaloner Street in the vibrant Baltic Triangle has been brought to market by CBRE’s northern specialists and joint agent David Sayer Consultancy Ltd.
The 1.97 acre gateway site – known as Norton Point – received planning permission last year. The site offers a rare opportunity to purchase a large-scale development with planning permission granted to create an extensive mixed-use and Build to Rent scheme arranged over three blocks. It includes 650 mixed tenure apartments – a mix of Build to Rent, coliving and market sale apartments, a 240-bedroom hotel and 43,500 sq ft of commercial, office and leisure space along with basement car parking facilities.
Occupying a position within Liverpool’s Creative Quarter, the Norton Point development is prominently located fronting Chalenor Street and Upper Parliament Street – and is south of the city’s central business district and Liverpool ONE. The Albert Dock and Liverpool’s iconic waterfront are also close by.
The property is sold with freehold disposal and vacant possession. The area is home to a variety of creative and digital industries and a number of independent pubs, bars, restaurants and shops. Significant development to the public realm has transformed it into one of the most popular locations to live in the city.
“The development of Norton Point will add a vibrant mix of residential, leisure and retail accommodation to one of the most lively and creative areas of Liverpool City Centre. The scheme offers an exciting opportunity to build a new complex that will sit alongside a number of Liverpool’s premium apartment schemes and iconic landmarks. We anticipate high interest in this opportunity.”Mike Gorman, Senior Director of UK Development & Residential Capital Markets, CBRE