The masterplan for the Pall Mall scheme comprises 400,000 sq ft of offices, a 280-bedroom hotel, associated retail and leisure amenities, as well as landscaped green space and public realm.
The developers are working in a joint venture partnership with Liverpool City Council to deliver the strategic project which will regenerate the site.
The 1.2-hectare site provides for the natural expansion of the commercial district in Liverpool city centre.
Subject to approval of the planning application, construction of the first office building and public realm will start early in 2020.
This 112,000 sq ft building will be positioned on Bixteth Street and will be the first of three buildings at Pall Mall.
Liverpool City Council is currently coordinating remediation and enabling works on site, funded by the Liverpool City Region Combined Authority – Single Investment Fund.
Willmott Dixon is acting as main civils contractor with Manchester enabling subcontractor Chartrange.
The remediation works are scheduled to complete this Autumn with a substation relocation to follow on with work anticipated to complete Spring 2020.
Tom Gilman, managing director of Kier Property North, said: “We believe that the development will have a transformative effect in terms jobs and economic activity which will support further regeneration in Liverpool’s commercial business district.”