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Liverpool Echo
Liverpool Echo
National
Tom Duffy

Buyers still owed millions at trendy apartment scheme on edge of city centre

Buyers who invested money in an apartment scheme on the edge of the city centre are still owed £3,470,843.

The Metalworks scheme, which was first unveiled several years ago, promised 300 new apartments on the site of the former Lawtons building off Leeds Street. The proposed scheme was not built and the land became one of the city's many stalled sites.

The Pumpfields Regeneration Company (PRC) , the firm behind the Metalworks scheme, collapsed into administration last year. Now a report by administrators Smith and Williamson LLP has revealed that buyers are still owed millions of pounds.

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