Legacie, Liverpool
Residential — The investment will support the delivery of over 600 new homes for Liverpool that are acquired by a mix of owner occupiers and investors that will provide purpose-built, high-quality rental stock in Liverpool. The developer acquired stalled sites from a developer previously in administration, along with other derelict buildings; the loans regenerate these sites and provide much needed new homes in Liverpool.
Investment Details
Investment Amount
£65.31m
Tenor
54 months from May 2023
Investment Status
Current
Location
Liverpool
Size in sq ft
369,925
Investment Type
Debt
Homes Created
633
Partners
Legacie Developments
Outcomes
Estimated 950 construction jobs created
Impact
Estimated council tax contribution of £3.23m p.a.