Lord Stuart Polak has said Liverpool-based Legacie Developments are “Liverpool’s regeneration-drivers in-chief”.
The prominent Conservative peer, who recently joined the Liverpool-based Legacie Developments as a senior adviser, is working with the construction and development business as they start work on several new schemes in the region.
Legacie, led by founder John Morley, has been responsible for some of the biggest residential and commercial developments in Liverpool in recent years including the flagship £90million Parliament Square development in the Baltic Triangle and Reliance House on Water Street and will soon start work on a major residential and leisure developments at the historic Heaps Mill in the city. Legacie are planning to transform the site with 620 one, two and three-bedroom apartments, a spa, retail and other leisure facilities.
Commenting on the work of Legacie and his role with the business, Lord Polak said: “I grew up in south Liverpool during the 1970s and witnessed parts of the city which had been run down, neglected, and held back. However, during the 2000’s when Liverpool was awarded European Capital of Culture, Liverpool underwent a regeneration renaissance. With the arrival of Liverpool One, the city was on the up – with the largest private sector retail and leisure development in the UK providing an explosion of prosperity and wealth.
“Fast-forward to 2022 and Liverpool, despite being hit hard by the Covid-19 pandemic, has several game-changing projects in the pipeline. Legacie Developments is at the forefront of that change, acting as the city’s regeneration drivers in chief. With the £90million Parliament Square development entering its final phases and the commencement of work at the historic Heap’s Mill site underway, the company has the talent, skills, and entrepreneurial nous to be one of the city’s greatest exports. Legacie’s clutch of mixed-use developments doesn’t just mean new commercial space, much-needed new homes or glitzy hotel rooms, but the world-class facilities are being accompanied with the delivery of a solid pipeline of jobs and apprenticeships for young people.
“Legacie Developments is also attracting major investment from the UK and overseas, which is a clear vote of confidence in the quality of their developments. It has also resulted in attracting new people to the city which is providing rocket fuel for the local economy. It is for this reason that I jumped at the opportunity to join Legacie and help John Morley in particular. John is not just a visionary but is also leaving an important legacy in Liverpool. The city should be extremely proud of one of its own. The company should be given huge credit for the work it is doing. They are Liverpool’s regeneration-drivers in chief and nobody is competing with them in the city at all right now.
“As Liverpool emerges from a tough winter, there is an opportunity for it to truly Level Up – that means high-skilled new jobs and training programmes for people right across the city. The development and real estate sector will be key in kickstarting the Levelling Up agenda and stimulating economic growth. I firmly believe that my home city’s best days lie ahead and, with companies such as Legacie operating in the regeneration space, it is in safe hands.”
