Page 22 - Knowledge Quarter News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Alison Wring The need for laboratory space is soaring, driven by the booming life sciences sector. For developers and landlords hit by declining demand for offices, this provides an opportunity. Aecom’s Alison Wring assesses the cost considerations of repurposing offices for laboratory use and provides a typical cost breakdown 01 / The growing demand for laboratory space Life sciences is the third most likely sector to see investment grow this year, according to the European Emerging Trends in Real Estate 2021 from the Urban Land Institute and PwC. From a UK perspective, several fac...

Sarah Townsend Post-Covid recovery in the region’s two biggest cities will be driven by Manchester’s economic expansion over the past five years and buoyant build-to-rent sector, and Liverpool’s busy port and associated industries, as well as momentum in life sciences, Avison Young said. The real estate consultancy’s 2021 Forecast reports for Liverpool and Manchester noted that Manchester has been hit hard by the effects of the pandemic but that previous economic expansion, especially in the services sector, and a growing number of businesses setting up in the city will help to cushio...

Dan Whelan The developer’s construction arm has reached the highest point on its 574-unit student accommodation scheme on Norton Street in Liverpool. Mount Property Group bought the site, previously home to the National Express bus station, from developer Anwyl in 2018 and set about redeveloping it into two blocks of 10- and 16-storeys. Before the sale to Mount, Natex was to be Anwyl’s first student housing project in Liverpool. The North Wales-based contractor and housebuilder gained planning permission for the site in November 2016. Designed by architect Falconer Chester Hall, the schem...

Daniel Whelan Developers Nexus Residential and Legacie Developments will invest £40m to complete the scheme after acquiring the site for an undisclosed sum following the collapse of the project’s previous developer, Primesite, in 2019. The joint venture has revealed plans to complete the development, on the corner of Low Hill Street and West Derby Street close to Liverpool’s Knowledge Quarter, delivering 450 studio, one- and two-bedroom apartments by 2023.  Legacie Projects, Legacie’s construction arm, will start on site in April.  Legacie and Nexus have renamed the development El...

Seven days that rocked Liverpool to its core The full story behind a week this city will never forget after Mayor's arrest Updated It was a day that will be remembered in Liverpool for a long time to come. An otherwise fairly quiet Friday spiralled into almighty chaos as news broke that the Mayor of Liverpool, Joe Anderson had been arrested by Merseyside Police as part of a corruption probe looking at building contracts in the city. Here political editor Liam Thorp looks at what came next in a week that shook the city to its core. In newsrooms - both real and virtual - Fridays can sometime...