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Client // Hermes Real Estate

Service // Liability Transfer
Portfolio Liability Management

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Associate // Lincoln

Project Location // Liverpool

Liverpool ONE, Hermes Real Estate

Role:

Contaminated Land Advisor

Purpose:

Delta-Simons was appointed by Grosvenor's Liverpool Fund and Liverpool PSDA to act as Strategic Contaminated Land Advisor to the syndicated funds backing the scheme.  The £900 million retail led regeneration scheme involved the redevelopment of a major area of Liverpool City Centre – Europe's largest retail led regeneration.

The Liverpool ONE Project is responsible for regenerating 42 acres of the city centre creating new shops, leisure and living facilities. The Project created 3,000 construction jobs and 4,000 permanent jobs for the local community.

Liverpool ONE comprises six distinct districts, 30 individually designed buildings, 1.6 million sq ft of retail space, a 14 screen cinema, 230,000 square feet of restaurants, cafés and bars, together with more than 600 new apartments, two hotels, offices, the revitalised five acre Chavasse Park, and a new public transport interchange.

Outline Scope of Works

Delta-Simons worked closely with the funders and the developer's consultants to formulate, agree and embed contaminated land protocols into the overall development requirements, as well as the specification for each individual development sitesIn order to ensure compliance with the development protocols, Delta-Simons oversaw all environmental consultants work associated with each development site on an ongoing basis, thus certifying that no unacceptable risk to groundwater, soil or human health remained on the completed development.

Outcome/Client Benefits

Delta-Simons protocols and watching brief ensured that each of the development site project teams adhered to the required environmental standard, consistency of performance was maintained and no unacceptable liabilities or environmental asset value risk remained on the completed development. 

Since its completion Liverpool One has been lavishly praised and described as "an urban renaissance. A new agenda – a new urbanism."

"Delta-Simons has advised Hermes for over 15 years on a range of environmental issues.  Their team holds an impressive depth of knowledge and experience, which added to their commercial understanding, makes Delta-Simons an invaluable member of our project team".

Hermes Real Estate

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