Developer Yu Property Group (YPG) is behind the £6.5m redevelopment of Liverpool’s Salters Building into 94 student studios.
Work started on site in August by YPG Developments, the construction arm of YPG, to build the six-storey 40,000 sq ft residential development, located on 4-10 Pembroke Place.
Designed by architects Smith & McHugh, the £6.5m project will comprise of 94 self-contained student studios, ground floor retail space, a student management office, cycle storage and laundry facilities.
Located next to Liverpool University’s north campus, Royal Liverpool University Hospital and Lime Street Station, the planning permission for the development was granted in July 2015 and is due for completion in July 2017.
Jonathan Yu, managing director of YPG, says: “Just six weeks since builders moved on to the site, the response to Pembroke Studios has been huge. It’s an exciting time for Liverpool’s Knowledge Quarter, and with LJMU’s Copperas Hill development underway just around the corner, the studios are a great addition to the ongoing investment in the area.
“Overseas interest has been key to the overwhelming success of Pembroke Studios, and with investors’ interest in the city’s residential offering remaining strong in the wake of Brexit, their faith in Liverpool’s property market is evident.”
"Overseas interest has been key to the overwhelming success of Pembroke Studios, with investors interest in the citys residential offering remaining strong in the wake of Brexit."
Jonathan Yu, managing director of YPG
DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.