Designed by Falconer Chester Hall, the 280,000sq ft development will deliver 336 apartments with a mix of studio, one, and two bedrooms.
Work has started on the Prussia Street project for client Ridgeback Group, which acquired the 30-36 Pall Mall site from Anwyl Construction at the start of the year.
The concrete frame for the linked two residential blocks of 10 and 22 storeys will be delivered by Midwest Formwork.
It will benefit from a host of sustainable elements, with green roofs to recycled rainwater, solar panels, and internally, light filled areas that minimise the need for electric lighting.
Alongside the residential apartments, there will be retail space and a private garden terrace.
Peter Reavey, Regional Director at Graham said: “Pall Mall Press is a positive addition to the city of Liverpool that will deliver much-needed PRS housing.
“Located in a vibrant location, we hope that the scheme will pave the way for similar development locally. We’re delighted to be onboard – it’s a beautiful scheme and we can’t wait to see how it comes together over the course of the construction programme.”
The project is due to complete October 2023.