Developer Nexus Residential completes £50m development in the Baltic Triangle in Liverpool. Tony McDonough reports
One Baltic Square, a development by Nexus Residential
Nexus Residential has completed a 296-apartment scheme in Liverpool’s Baltic Triangle.
It acquired One Baltic Square from YPG Developments in March 2021. All the apartments have been sold by investment agent RW Invest, who will also occupy three of the commercial units on-site.
Centrepiece of the project is an outdoor space for residents, a square styled around a typical Italian piazza, delivered at a cost of £1m. It includes glass sculptures reflecting the history of the site as a bottling facility for Cains Brewery.
Residents are also able to enjoy rooftop gardens across the development, all with views across the River Mersey as far as the Welsh hills on a clear day.
One Baltic Square, which includes a mix of one, two and three-bedroom apartments, also features reception and concierge service, underground car parking and CCTV for additional security.
Mixed-use commercial units will be available within the building for coffee shops, restaurants and office-spaces to operate, creating an ‘urban village’ within the Baltic Triangle.
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Nexus Residential appointed Legacie Contracts as main contractor on the project. It was promoted by international sales agent RW Invest, who successfully pre-sold all the new homes off-plan.
In 2023, Nexus secured a £19.5m funding injection from London-based Maslow Capital to deliver the development.
RW Invest has sold all the apartments at One Baltic Square
Michael Gledhill, chief executive of Nexus, said: “One Baltic Square is our standout residential development in Liverpool and will bring much needed high quality homes to an increasingly popular part of the city.
“We are proud to help create a new urban village in the heart of Liverpool offering luxury accommodation and practical facilities, as well as a prime location.
“It is fantastic to see the project complete, with the construction team now pressing ahead on our next development, Central Park, which is located adjacent to One Baltic Square.”
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