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Thursday, December 11, 2025
Construction£100m Development in record time by Sourced Development Group

£100m Development in record time by Sourced Development Group

As everyone in the construction sector is currently facing challenging economic markers, one local property business is celebrating significant success. Sourced Development Group, based in Widnes, are pleased to announce that Phase One of its exciting Westminster Park development in Liverpool is due to be completed in January 2023, three months ahead of schedule.

This £100m development is close to many key locations, including Cannon Place and its University buildings. Westminster Park is within minutes’ walking distance of Liverpool One and the city’s creative hubs and leisure facilities. Featuring stylish one and two-bedroom apartments finished to the highest specifications, Westminster Park makes luxury living a more affordable goal. The development forms a stunning gateway to Liverpool City Centre in the city’s key regeneration zone, allowing homeowners to live in a prestigious area surrounded by everything they need and desire.

This development has seen Sourced Development Group use its ingenuity to repurpose previously derelict land to create a fully sold-out project. The scheme is set to hand over keys to buyers in less than 12 months after purchasing the site. The first phase has completely sold out, and from ground breaking to handover in less than 12 months is a record-breaking achievement in the current economic climate. Sourced Development Group is a business which retains its focus on building much-needed local homes, ploughing its own funds into the investment, Westminster Phase 1 completely changes the A59 arterial route into Liverpool.

Joanne Karen Waller, Managing Director of SDG, explains: ‘As an independent business, we are proud of our team and our combined achievements. We have safely navigated through a global pandemic which stopped projects in their tracks for every firm within our industry. Like every other business, we are still feeling the after-effects however, we remain wholly committed to our ongoing developments and feel transparency is vital when communicating with all our purchasers.

We remain committed to providing the finest, affordable homes in the North West. As a private development Company, we concentrate all of our resources back into the region, allowing us to be proactive instead of just reactive – as well as working on our current portfolio of sites, we have several exciting future projects in the pipeline.

Watching our developments go from planning stages to completed sites, providing employment during development and aiding the overall economic regeneration of local communities are some of our most important goals.

It is a legacy we will continue to honour, and we are particularly pleased that Westminster Park Liverpool Phase One is due to complete three months ahead of schedule. In the current economic uncertainty, completing developments ahead of the stated programme, enabling people to settle into their beautiful new homes as soon as practicable, is fantastic for us and the homeowners alike.

We remain committed to providing the very best value for our buyers. We continue to pride ourselves on our level of commitment as an independent business, we are proud to play our part in the continued regeneration of Liverpool and the city region.’

News Desk
News Deskhttps://www.businessmanchester.co.uk/
The Business Manchester News Desk team is a collective of experienced journalists and editors dedicated to delivering comprehensive business news and insights from the Manchester area and beyond. With a strong background in finance, technology, property, and innovation, our team ensures that our readers stay well-informed about the latest trends and developments in the business world. Through in-depth reports and insightful analysis, the Business Manchester News Desk team is committed to providing high-quality journalism to its audience.
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