Sourced Development Group have officially started work at Scholar’s Court on the edge of Liverpool City Centre. The group, which secured planning permission for 310 luxury apartments in 2022, is delivering an exciting scheme to revitalise the northern corridor of Liverpool’s central regeneration zone.
As the fourth development by the group in less than five years, the scheme will deliver 310 one and two-bedroom units across four buildings on the previously derelict site. The project, which straddles across Blackstock Street and Paul Street, has a gross development value of £70 million.
The communal facilities feature landscaped garden areas, a centralised courtyard, podium parking facilities, in situ concierge facilities and secure cycle storage. Enjoying a prime location, Scholar’s Court is just a short distance from the brand new Everton FC’s Bramley-Moore Dock stadium and the iconic River Mersey.
It is expected to complete by June 2025 and will create more than 250 jobs during construction.
Meanwhile, the development is another significant addition to Sourced Development Group’s burgeoning property portfolio, with Derby Court on West Derby Road fully occupied and phase one of its flagship £100 million Westminster Park project completed three months ahead of schedule.
Joanne Waller, Managing Director of Sourced Development Group, said:
“This is going to be a game-changing development by Sourced Development Group. We have worked meticulously with our architects, planners and wider professional team to design a scheme which Liverpool can be proud of.
“Scholar’s Court will blend an exciting mix of urban and premium living whilst recognising the part it is playing in bringing to life a strategic site on the edge of the city centre.
“This project is just a stone’s throw away from our 614-unit development, Westminster Park. We are immensely proud to change the landscape in one of Liverpool’s key regeneration zones and provide much-needed, quality homes for the community.
“We are incredibly excited to have started work on this project. It will boost Liverpool’s luxury property market with onsite parking and co-working spaces so all occupants can enjoy the development to the full.”