Two property development firms that are jointly delivering an apartment scheme in Liverpool have secured cash which they say will help "bring the project to life".
Specialist lender Together has pumped £11m into Element - The Quarter on Low Hill.
Led by Nexus Residential and Legacie Developments, the £45m will comprise more than 300 residential apartments, along with purpose-built student accommodation, once complete.
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It will also have a number of eco-friendly features, such as solar panels, car charging points and a smart system to reduce electricity consumption, as well as a gym, roof terrace and cinema room.
John Morley, chief executive of Legacie Developments, said: "The funding deal will help unlock further local jobs and training opportunities for young people. Their investment will help us bring to life an eco-development which Liverpool can be proud of."
Michael Gledhill, managing director of Nexus Residential, said "work is progressing on site".
He added: "Once again it underlines our commitment to Liverpool; promoting the city to institutional lenders such as Together and successfully delivering multiple landmark developments here."
Legacie and Nexus Residential are working together on a number of projects, including One Baltic Square in the Baltic Triangle. It is expected to complete by the end of 2022.
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