Plans have been submitted to build a new £21 million residential tower in Liverpool.

The proposed Plaza 1821 scheme will feature 105 new apartments in the heart of the £5.5 billion Liverpool Waters regeneration scheme.

As well as the one- and two-bedroom units, a ground floor retail or amenity offering will also be developed.

Plans for the Private Rented Sector (PRS) scheme were submitted by Peel Land and Property and the Regenda Group.

Neil Baumber, Peel Land and Property's Development Director for Residential, said: "Plaza 1821 is the latest and significant piece in the jigsaw for Peel's vision at Liverpool Waters, as it will bring much needed quality residential apartments to a vibrant waterfront location.

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"Liverpool Waters is an important part of our Strategic Waters strategy and is one of the most dynamic regeneration projects in the City's history. The proposals for Plaza 1821 will bring us one step closer to achieving our vision to create a world class destination where people can live, work and play."

Martin Davies, Director of Development at Regenda, said: "Plaza 1821 is a landmark project for Regenda. It marks our biggest ever investment – made even more special because it's right here in Liverpool, where we're proudly based. The vision for Liverpool Waters is truly spectacular, something that will further enhance our city region."

(LM/CD)