Plans submitted for £20m residential scheme on site of former Kensington Market
Plans for a £20m residential and retail scheme, designed by the team at BLOK Architecture, have been submitted for the site of the former Kensington Market, in Liverpool.
The scheme, designed on behalf of client North Point Global, will include 281 student units and 27 family residential units, as well as two retail units.
The site, which has been derelict for a decade, was home to an indoor market until 2005 when the main building was damaged by fire.
A 45,000 sq ft supermarket was planned for the site but the owner was unable to find an operator and now Ascot and North Point Global believe they can breathe new life into what has become a major eyesore.
In an article in the Liverpool Echo, Stuart Howard, head of property at Ascot, said: “This deal is a joint venture deal between Ascot Property Group and North Point Global who are the developers behind the £250m residential and retail redevelopment of Chinatown and a £100m development at Pall Mall in Liverpool city centre.”