Pall Mall Exchange
Liverpool City Council acquired a 1.2 hectare site from the Homes and Communities Agency (HCA) in 2016 and is now seeking to use it to expand the city’s commercial office district with much needed Grade A office space.
The scheme will help meet demand for high spec office accommodation which was highlighted in the city centre’s 15 year blueprint, the Strategic Investment Framework. The site would connect to St Paul’s Square, which underwent a £120 million development in 2011 and is now home to major companies such as Atos, DWF, Hill Dickinson, US Airways, Bosch, Investec, Maersk, Santander and Weightmans.
The plot, which is part public realm and part car park, was previously home to part of the historic Exchange Street train station which opened in 1850 but closed in 1977 when the Merseyrail underground was completed.
Our partners, Kier Property and CTP Limited, recently won the tender to redevelop Pall Mall Exchange providing up to 400,000 sq ft of Grade A+ office space over three new buildings.
The City Council is currently exploring with Kier how we can work with the new owner of the adjoining 3 hectare site used for car parking to create a second phase of development that could deliver an additional mixed-use scheme including a hotel, new car park, leisure uses and up to 2,000 new apartments.
In total it is estimated a scheme for the entire 4.2 hectare site would be worth £200 million and create in excess of 1,000 jobs.
Exciting new Grade A office space provision
Site area4.2 hectares / 10.4 acres
DeveloperLiverpool City Council, Kier Construction and others to be appointed
Suitable usesOffices, hotel, leisure, residential accommodation
Value£150m to £200m
Timescale2018 - 2025