Drone footage has been recorded of a stalled development site on the edge of Liverpool city centre.
The Sourced Development Group is behind plans to build hundreds of apartments on land off Blackstock Street in Vauxhall. The initial scheme marketed by the company was to build nearly 452 units, however this was later revised to a 310 unit scheme.
Now drone footage, filmed over the weekend, has recorded the scale of the large site, which is yet to be developed. Emails from solicitors acting for the developer and investors were recently shared with the ECHO.
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The correspondence revealed that Sourced had sold hundreds of units in the scheme before the Section 106 agreement ( money developers pay to benefit the surrounding area) was agreed with Liverpool Council. Investors have paid in several millions pounds.
A spokesperson for Sourced said that the company would be on site as soon as a legal process was completed with Liverpool Council. A spokesperson said: "We are extremely keen to get back on site and finally start in earnest for the development.
"We are operating a site less than 100m away where we have not had the changeover of Local Plan affecting the application and this site is due to be completed three months prior to the scheduled handover date which evidences what Sourced Development Group can deliver before programme when there are no obstacles.
"We have completed Derby Court back in May of this year and all residents are enjoying their brand new homes.
"We are in the process of securing further pipeline developments and have committed to the supply of 3000 homes in the next four years.
"Westminster Park phase 1 will be completed months earlier than expected on our Landmark 110m development.”
Liverpool's Vinco Group was behind the initial plans to build hundreds of apartments on land off Blackstock Street, which were approved in 2019.
However Kingsway Square Limited, a special purpose vehicle company, then bought the site from Blackstock Street Limited in April 2020.
Blackstock Street Limited was previously controlled by controversial Liverpool businessman Tony Kenny, who was made bankrupt in August 2020. He resigned from the company in December 2019.
Mr Kenny, from north Liverpool, is now subject to a Bankruptcy Restrictions Undertaking (BRU) which ends in July 2026. A spokesperson for Sourced told the ECHO that Mr Kenny had no involvement in the Blackstock Street project.
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