Peel Land and Property and the Regenda Group have submitted exciting plans to develop a £21 million residential tower in the heart of the £5.5 billion Liverpool Waters regeneration scheme.

Aptly named after the year Princes Dock first opened, the proposed ‘Plaza 1821’ is a PRS (Private Rented Sector) scheme and will include high quality, one and two bed apartments, as well as provision for a ground floor retail or amenity offering.

The unique and eye catching development will feature 105 residential apartments many with stunning waterfront views and supports Peel’s commitment to driving forward its multi-billion regeneration plans for Liverpool Waters.

Neil Baumber, Peel Land and Property’s development director for residential, said:

“Plaza 1821 is the latest and significant piece in the jigsaw for Peel’s vision at Liverpool Waters, as it will bring much needed quality residential apartments to a vibrant waterfront location.

“Liverpool Waters is an important part of our Strategic Waters strategy and is one of the most dynamic regeneration projects in the City’s history. The proposals for Plaza 1821 will bring us one step closer to achieving our vision to create a world class destination where people can live, work and play.”

Martin Davies, director of development at Regenda, said:

“Plaza 1821 is a landmark project for Regenda. It marks our biggest ever investment – made even more special because it’s right here in Liverpool, where we’re proudly based. The vision for Liverpool Waters is truly spectacular, something that will further enhance our city region.

“We recognised this unique opportunity to work with Peel to create a distinctive scheme with a ‘wow factor’ worthy of Liverpool’s waterfront.”

‘Plaza 1821’ is one of three waterside residential schemes that will hopefully be under construction this year.