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Deal struck for 40-storey residential tower

A deal has been signed with the Peel Group in a joint venture between two Yorkshire developers for a 40-storey residential tower at its Liverpool Waters scheme.

Wakefield-based Caddick Group and Harrogate's Generate Land are behind Moda Living, which plans to build a 325 apartments at Princes Dock and hopes to have the building finished by the end of 2017.

Director Johnny Caddick said: "Our development pipeline will focus primarily on UK cities which we feel present the greatest opportunities and as such we're looking to set the benchmark for delivering a residential investment portfolio across the country.

"We're already turning heads as we have more than 2,750 units under our control and we're in negotiation on further sites in key regional cities including Birmingham, Leeds, Edinburgh, Bristol, Glasgow and Liverpool."

Liverpool Waters is Peel's massive waterfront regeneration project encompassing docks to the north of the city centre.

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