A former office building in Liverpool is set to become a co-living development. Victoria House on James Street was purchased by Oakstore, an AR&V Investments’ brand, for £2.35m ($3.09m) in 2018, after its previous owner went into administration. The company has been working with the city council and other partners since 2017 to develop the building, which will include apartments, retail space and commercial space. The previous owner had already removed office fittings and had been approved to add a two-storey extension, taking the building to 10 storeys. Strip-out of office fittings had been completed by the initial contractor, with little further work taking place. Oakstore said the development would help Liverpool retain “creative and young professionals”.
A former office building in Liverpool is set to become a co-living development. Victoria House on James Street was purchased by Oakstore, an AR&V Investments’ brand, for £2.35m ($3.09m) in 2018, after its previous owner went into administration. The company has been working with the city council and other partners since 2017 to develop the building, which will include apartments, retail space and commercial space. The previous owner had already removed office fittings and had been approved to add a two-storey extension, taking the building to 10 storeys. Oakstore said the development would help Liverpool retain “creative and young professionals”.