Lexington secures planning consent
Planning consent has been secured by Moda Living and Apache Capital for ‘The Lexington, Liverpool’, the partner’s £82m purpose-built PRS development and the joint venture’s first major project in the city.
The development’s prominent waterfront position is close to Liverpool’s Three Graces – the Royal Liver Building, Cunard Building and Port of Liverpool Building – which give the city its iconic skyline at the heart of its World Heritage Site. The first building to be brought forward within the Peel Group’s £5.5 billion Liverpool Waters regeneration masterplan, The Lexington brings New York style living to the waterside. The development overlooks Princes Dock, which was the principle point of departure for millions of people who passed through Liverpool in search of a better life in the New World; many en-route to New York. Paying homage to America’s pioneering modernist skyscrapers the slender 34-storey tower, designed by Falconer Chester Hall architects, will be the tallest residential landmark in the city’s Liverpool Waters area.
As guardian for the Liverpool Waters masterplan, working directly for Peel, Planit-IE has ensured the building’s ‘fit’ into its emerging context and brokered discussions with adjacent plot developers to create a harmonious relationship between the Lexington and its neighbours – existing and future.
Planit-IE’s associated public realm proposals reinforce Liverpool’s status as a world-class waterfront and support the establishment of a vibrant residential community within Princes Dock. The wider scheme reclaims Bath Street, rebalancing vehicular use with a generous new public realm that includes a new gateway and linkages between the city centre and the riverside. Providing opportunities for people to interact with and access the water, the proposals celebrate the waterfront as a thriving destination, getting the neighbourhood ready for the arrival of the International Cruise Terminal.
The Lexington will be delivered by Moda Living and be fully funded by Apache Capital, the London and Gulf based private real estate investment management firm. Moda Living and Apache Capital will retain ownership of the property and operate it through their JV to ensure the creation of a long-term community and investment platform.
The residential tower was designed by Falconer Chester Hall architects. Planit-IE produced the Townscape and Visual Impact Assessment and are acting as the scheme’s Landscape Architect – further developing their preceding proposals within Liverpool’s Strategic Investment Framework and Peel’s Liverpool Waters development plan. Virtual Planit helped produce Verified Views for the planning application, along with images showing the tower in the context of the City. Arup acted as Planning Consultant and Engineer, with Mott MacDonald providing Transportation and Highways advice.