How Pall Mall's £15M Office Investment Could Supercharge Liverpool Residential Developments

There is a powerful relationship between office-led regeneration and adjacent residential developments.

When premium office spaces attract high-calibre businesses and professionals to an area, they generate substantial demand for quality residential accommodation within convenient commuting distance.

The Pall Mall development’s strategic location in Liverpool’s Commercial Business District positions it perfectly to drive demand for the sophisticated residential offerings in the neighbouring Pumpfields regeneration zone.

Liverpool’s wider regeneration strategy demonstrates this symbiotic principle in action. The £5.5 billion Liverpool Waters development spans 2.3km of the city’s famous waterfront and includes office, residential, leisure, and retail components.

This mixed-use approach has already delivered 600 new homes with more in the pipeline, alongside significant commercial space totalling 17,000 sq.m of high-quality office accommodation.

The presence of Everton FC’s £500 million stadium at Bramley-Moore Dock adds another layer of attraction, creating a vibrant district that appeals to both businesses and residents.

The Pumpfields area, spanning 75 acres on the northern edge of the city centre, is specifically designed as a residential-led, mixed-use neighbourhood. The Gateway, the area’s centerpiece project, exemplifies the strong demand for high-quality residential spaces in this emerging district.

The £93.5 million funding deal secured by Legacie for The Gateway’s 656 residential units demonstrates investor confidence in the area’s potential. Similarly, the SoapWorks scheme by Legacie and Nexus Residential represents a £100 million investment in 381 apartments on the corner of Leeds Street and Scotland Road.

These ongoing regeneration schemes throughout the city create attractive investment opportunities that in turn strengthen the economy, in not only Liverpool, but the entire North West region.

Central Docks’ £56 million government funding is projected to attract more than £550 million in private investment, demonstrating the leverage effect of public sector confidence.

The development will generate thousands of jobs during construction while providing long-term economic benefits through council tax revenues and local spending. The Gateway development alone is expected to contribute over £1 million per year in council tax receipts.

Michael Gledhill, Director at RWinvest, commented:

“We’re excited to see this game-changing development take shape in Liverpool. The Gateway is not only one of the largest private investments into the city’s residential market, but it will also create hundreds of jobs during the construction process and in the long-term with residents contributing to the local economy. The proximity to major office developments like Pall Mall creates the perfect ecosystem for our residential investments, where professionals working in premium office spaces seek quality accommodation within easy reach of their workplace.”

The regeneration momentum extends beyond individual projects to encompass broader strategic initiatives. The proposed New Town Taskforce submission spans 5km from north of Liverpool city centre across Everton, Anfield, and Kirkdale into Bootle and Sefton, aiming to create at least 10,000 new homes and stimulate further regeneration across the city region.

This ambitious scope demonstrates Liverpool’s commitment to large-scale transformation that will sustain investment opportunities for decades.