Sarah Townsend
The developer has appointed Newry Construction as main contractor and intends to complete the 488-bed student scheme in Liverpool in time for the start of the September academic year.
Work will officially restart on the London Road project in the coming fortnight, following a spate of delays related to the previous developer Pinnacle Student Developments Liverpool going bust in 2018 and, later, the impact of the Covid-19 pandemic.
Liverpool-based Elliot Group acquired Paramount from Pinnacle’s administrators in July 2019 and set about finalising delivery of the 488-bed student accommodation scheme whose construction began in 2014.
Pinnacle had planned to deliver a scheme to house 488 students, together with 150 underground car parking spaces and several ground floor commercial units.