Liverpool City Council Cabinet is set to be asked to grant approval for the conditional sale of land at Great Howard Street, boosting the development plans for one of the key locations in the city centre.
The land will be part of the King Edward Triangle development site, and the sale would see KEIE Limited, the freeholder of the adjacent property, become the owner.
The transaction is expected to unlock the full potential of the wider development area and support the city’s long-term regeneration goals.
At the meeting on Tuesday October 14, the Cabinet could authorise the Council to enter into all necessary legal and contractual documentation to complete the sale.
King Edward Triangle is currently occupied by a light industrial estate located just half a mile north of Liverpool’s Commercial Quarter and the historic Pier Head. Plans have been submitted by KEIE Limited, part of the TJ Morris group which owns Home Bargains, to build more than 2,000 homes, hotels, offices and leisure spaces across a number of tall buildings.
The site is jointly owned by two freeholders, with the Council holding the freehold to the north-west portion of the site at Great Howard Street. The remainder is held by Beetham Davos Limited, who acquired the land from Peel Holdings.
In March 2024, the Cabinet approved the lifting of a restrictive covenant in favour of the Council, boosting plans for the development.
The King Edward Triangle site sits near other development areas including Liverpool Waters, Ten Streets and Pumpfields, and is a short distance from the recently completed Hill Dickinson Stadium, the new home of Everton FC. The proposals for the King Edward Triangle are being progressed as an accelerated delivery vehicle helping to rapidly deliver the ambitious transformation of the area.
Cllr Nick Small, Cabinet Member for Growth and Economy, said: “The sale of this land will significantly contribute to the delivery of this transformative project.
“This will have a lasting positive impact on Liverpool city centre and North Liverpool, as we begin to see more development in the area from the Pier head towards Everton’s Hill Dickinson Stadium.
“If approved, this decision represents a key milestone in Liverpool’s regeneration journey and reinforces the Council’s commitment to building a strong, fair, and sustainable city for all. “It will help support economic growth and attract investment while also creating a new destination that diversifies Liverpool’s economy.”
