Liverpool waterfront development plan unveiled

The plans will be submitted to the council later this month

A £45m plan has been unveiled for a major regeneration project on Liverpool's waterfront.

Neptune Developments plans to build apartments, a hotel and retail and leisure space on the site at Wapping, known as the Baltic Triangle.

Work to regenerate the site began in 2006 but collapsed when the developer went into liquidation.

Now Neptune has drawn up new plans which will be submitted to Liverpool City Council later this month.

The developer proposes to build 201 apartments, a 170-bed hotel and about 500 sq m (600 sq yds) of mixed commercial space on the site.

The plans also include the completion of an underground car park and pavement cafe.

Steve Parry, Neptune Developments managing director, said: "This is a key site in the heart of Liverpool and its proximity to the Liverpool Echo Arena and Conference Centre, Liverpool One, and of course our Mann Island scheme, make it a very attractive proposition.

"We are working closely with the city council and with local residents to ensure that our proposals are absolutely right for the area and we look forward to turning what is currently an eyesore into the final piece of the jigsaw for this vibrant area of Liverpool."

If the plans are approved, Neptune hopes to be on the site as early as this summer.