£1bn development 'as big for city as Liverpool ONE was'

'HUGE' PLANS INVOLVE SKYSCRAPERS, RETAIL SPACE AND HOUSING

- By LIAM THORP

LIVERPOOL'S first billion pound development project could be as big for the city as Liverpool ONE, it has been claimed.

Huge plans have been put forward to create a landmark high-rise development on the edge of Liverpool city centre that city bosses believe could bring with it a pivotal moment for the city as a whole.

The King Edward Triangle project could see as many as 2,000 housing units created across a number of skyscrapers.

A number of businesses currently operate in the triangle but Peel - which previously owned the land as part of its Liverpool Waters project - sold it to KEIE Limited last April, after Liverpool City Council agreed to a £1.5m deal to lift a covenant on the Gibraltar Row site and enable the construction of skyscrapers.

KEIE Limited, part of the TJ Morris group which owns Home Bargains, will work with Hugh Frost, whose Beetham Organisation built the 40-floor West Tower in the city centre, on the project.