Major milestone for Liverpool North as Vescock Street becomes first development

Liverpool is set to make a significant advancement in housing-led regeneration with the launch of the Vescock Street/Limekiln Lane project. This development is the inaugural scheme to be spearheaded by Aviva Capital Partners, with vital backing from Homes England. It represents a key breakthrough in the city’s development efforts and serves as an early achievement within the broader vision for Liverpool North New Town.

Situated within the Greatie Market/Scotland Road Regeneration Programme, the project plans to deliver roughly 135 new homes. Of these, about 110 will be Build to Rent (BTR) units funded initially by Aviva Capital Partners, while 25 housing units will follow a Rent to Buy model, managed by the registered provider Torus. Aviva Capital Partners has engaged Place Capital Group as their development and delivery partner for the scheme. Place Capital will collaborate closely with Liverpool City Council and Torus to ensure the creation of high-quality residences that align with the ambitions of Liverpool North New Town.

Nearby, the Central Tin site—owned by Liverpool City Council—has been proposed for additional affordable housing developments managed by Torus, who have previously completed successful projects in the locality. The investment led by Aviva Capital Partners, handled through Aviva Investors, signals a strong endorsement of Liverpool’s development market. Together with Homes England, this financing is in line with the UK Government’s National Housing Bank objectives, reinforcing Liverpool’s position at the forefront of national efforts to boost housing growth.

The Vescock Street initiative forms an essential early phase within the comprehensive Liverpool North New Town programme, which aims to rejuvenate several neighbourhoods including Everton, Vauxhall, Anfield, and Kirkdale. Besides new housing, the project is expected to stimulate broader community improvements such as enhanced public spaces, greener streets, and better infrastructure for walking and cycling. By uniting a long-term institutional investor, a prominent housing provider, and public land resources, this approach marks a shift towards more sustainable and partnership-driven regeneration strategies in Liverpool. The proposals remain subject to statutory planning processes, with further community engagement planned as the project progresses

Read the full article on Liverpool Express here: Read More