The iconic Martins Bank building in Liverpool has been formally granted planning permission by Liverpool City Council to developer Kinrise and majority co-owner Karrev. The spectacular former banking hall will house 140,000 square feet of 100% green energy Grade-A offices, and restaurants. Furthermore, it will have social space within the historic Grade II* listed building.
The project aims to revitalize one of Liverpool’s most prominent structures. Work will include removing existing finishes and upgrading to ‘Cat A’ standards. This is as well as restoring existing timber, glass, and stonework features in a significant but sensitive manner.
Kinrise recently awarded Lendlease an enabling works contract to deliver the initial refurbishment and restoration of the site. This is following its successful pre-construction contract. The first phase of construction will begin soon on site.
Martins Bank building to retain some of its original features
Kinrise plans to retain and restore the building’s original features in collaboration with Lendlease and architects Red Deer and Brock Carmichael. The task would help maximize the abundance of light and characterful details. The team will also use its signature ESG-centric principles to remodel it as an operationally 100% green energy building. This will happen when Martins reopens to the public in 2024.
“Martins Bank is one of Liverpool’s most iconic buildings. Consequently, we are delighted to be working with Kinrise and Karrev to restore it to its former glory,” said David Cadiot, Executive General Manager at Lendlease. Lendlease has a proven track record of sensitively restoring heritage buildings. Thus, we look forward to creating an office and leisure destination fit for the twenty-first century.”
“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,” said Sam Lawson Johnston, Founder of Kinrise. “We are excited to see these plans come to fruition. Thus, we breathe new life into this historic structure.”