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Former Beatles venue to be developed into landmark building

Monday, April 21, 2014

Businessman Terry Riley  is  behind a  multi -million pound  plan  to transform Southport’s  once legendary Kingsway  Casino site into a landmark  building. The Visiter can now  exclusively reveal that the  Crosby businessman  plans to  build a state-of-the art  apartment complex with  leisure and retail  facilities.

 Mr Riley, who has acquired  the Promenade site through  his Ascot Property Group, is  now on  the cusp of a project  thought to be in the region of  £10m. The old casino was  demolished after a   fire  in  2010.  Although  planning  permission was previously  granted for a hotel, apartment  complex and retail site,  APG  will submit fresh plans to  Sefton.  Stuart Howard, head of  property at APG,  said:“We   intend  to redesign the  previously proposed  scheme and build a  multi million pound  landmark  development,  consisting of  state-of-the-art  residential, retail  and leisure  facilities.”   A number of  developers, including  Mr Riley, have  attempted to build on   the site over the last  decade. In 2007  the  Southport based  consortium Matila  Properties Ltd  announced plans   develop site, but failed to  submit formal plans. The site was eventually  bought by the  Bennett  Property – the parent company  of new developer, Woodthorpe  Homes.

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Source: Southport Visitor, UK

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