Liverpool’s Salters Building set for £6.5m residential transformation
Work is now underway on a multi-million pound project to create dozens of student apartments in Liverpool city centre.
The £6.5m project to redevelop the Salters Building on Pembroke Place is being delivered by YPG Developments Ltd, the construction arm of Liverpool-headquartered developer Yu Property Group (YPG).
Designed by architects Smith & McHugh, the six-storey 40,000 sq ft residential scheme will comprise 94 self-contained studio flats, a student management office, ground-floor retail space, laundry facilities and cycle storage.
More than half of the available studios have already been snapped up off plan by investors.
YPG’s managing director, Jonathan Yu, said: “We’re happy to announce construction work has now started on site to transform the Salters Building in Liverpool in to Pembroke Studios, a high quality student accommodation in the heart of the city’s Knowledge Quarter.
“With significant ongoing investment in the area including LJMU’s Copperas Hill development, the studios are ideally situated for students looking for modern, high-spec accommodation in the city centre.”
He added: “With over half of the studios sold off plan already, we expect even more interest as the building takes shape and our plans come to fruition.”
The scheme is due for completion in July 2017.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
A year of growth, collaboration and impact
2000 reasons for North East business positivity
How to make your growth strategy deliver in 2026
Powering a new wave of regional screen indies
A new year and a new outlook for property scene
Zero per cent - but maximum brand exposure
We don’t talk about money stress enough
A year of resilience, growth and collaboration
Apprenticeships: Lower standards risk safety
Keeping it reel: Creating video in an authenticity era
Budget: Creating a more vibrant market economy
Celebrating excellence and community support