liverpool parliament square scheme

Liverpool's Parliament Square development secures £20m funding boost from Maslow Capital



Maslow Capital has agreed to provide a £20m loan to Legacie Developments for a residential and retail scheme in Liverpool.


The Parliament Square project in Liverpool’s Baltic Triangle will comprise 500 apartments across four blocks, and will include a public plaza with restaurants, boutique shops and a gym.

The development has an overall value of £90m and is expected to be completed in summer 2021.

John Morley, founder of Legacie Developments, said that the funding secured from Maslow Capital was a “massive vote of confidence” in its work, and a major boost for the Parliament Square scheme.

“This is exciting news for Legacie Developments and underlines our position as an emerging powerhouse in the construction and development industry. 

“The confidence shown in us from Maslow allows us to take a further step forwards delivering a world-class development that enhances Liverpool’s position on the residential map.”

Chris Blowers, co-founder and deal originator of Maslow Capital, added: “Legacie Developments have a track record of delivering high specification, quality residential developments. 

“This, coupled with Liverpool’s economic growth and appeal as a destination to live and work in recent years, made the funding of this development extremely attractive.

 



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