Developers of Number 8 Water St – The Residence – in Liverpool’s central business district have submitted plans to add an additional 2 floors to the current redevelopment. The conversion of the empty office on Water Street, next to Oriel Chambers and Martins Bank, into 96 apartments was passed last year with work well under way and the latest proposal to extend by two floors will take the total number of apartments to 116 in the scheme.

The 73,000 sq ft office was purchased by a partnership between long term business associates Craig Blackwell of Prospect Capital and Martin Wilcocks of Wilcocks & Wilcocks.

Plans for the 1970s building include a complete overhaul of the building’s façade, the installation of feature lighting throughout and under new plans a roof terrace. Works are ahead of schedule on lower floors and the build completion is still all on track for December 2017. Extension works will be ready by Spring 2018.

Craig Blackwell commented “The work on the site for the current 96 apartments is all ahead of schedule and will retain the unique porthole styling in line with the architect’s original contemporary and minimalist vision. This building sits in the heart of one of the great streets in the business district, Water Street with views of the world famous waterfront. We now plan to add a roof terrace to residents can enjoy a fantastic space with breathtaking views of world heritage sites. Due to demand we have gone into planning for an additional 22 apartments.”

The additional units across 2 floors will take the site up to 7 storeys. Branded as “The Residence “the apartments currently range from studios to two-bedrooms with Ascot Property Investments acting as master agent on the development, for off plan sales. 

Both partners have also recently moved their own companies, Wilcocks & Wilcocks and Prospect Capital into the building (which also now includes Ascot Property Investments to name but a few) which is a mix of commercial and residential.