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Martins Bank redevelopment gets developer

Lendlease business has been awarded the contract to deliver the refurbishment and restoration of the Grade II-listed Martins Bank Building in Liverpool.

Liverpool City Council granted developer Kinrise and majority co-owner Karrev planning permission to proceed with the renovation of the iconic Martins Bank Building. The historic Grade II listed building is set to house 140,000 sq ft of 100% green energy Grade-A offices, restaurant and social space located within the spectacular former banking hall.

David Cadiot, Executive General Manager, UK Construction – Regions at Lendlease, said: “Martins Bank is one of Liverpool’s most iconic buildings and we are pleased to be working with Kinrise and Karrev to restore it to its former glory. Lendlease has a proven track record of ensuring heritage buildings are sensitively refurbished and we look forward to creating an office and leisure destination that is fit for the 21st century.”

Kinrise awarded Lendlease an enabling works contract to deliver the initial refurbishment and restoration of the site, following its successful pre-construction contract. The first phase of works are due to start on site imminently.

Sam Lawson Johnston, Founder of Kinrise, said: “Having worked closely with Liverpool City Council and Historic England since our acquisition of Martins last year, we are delighted that our plans have now been given the green light. We are excited to see these plans come to fruition as we bring life back to this extraordinary building. We hope the renovation and return of public access will leave a meaningful legacy for the city for future generations.”

Kinrise plans to retain and restore the building's original features. The team will also employ its signature ESG-centric principals to remodel Martins as an operationally 100% green energy building when it re-opens to the public in 2024.

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