Greg Malouf, the entrepreneur behind Queensland property developer Romal Capital, is part of a £5 billion housing regeneration project around Liverpool’s waterfront. It is part of a wider development to transform a derelict brownfield site along the edge of the River Mersey, according to a report in Forbes magazine.
Malouf commented: “It’s the waterfront lifestyle. People are drawn to the water and there is a real opportunity here to create something that resonates with the Gold Coast or feels like a little Amsterdam.” He added: We’ve been working with the council for more than two years on the intricacies of bringing a project like this together.”
Despite being a long way from the surfer’s paradise of his homeland, Malouf goes on to talk about how he was struck by Liverpool’s strong ‘personality’, and that his company has a vision of what the city can become in the long term.
The article states that Liverpool is well-regarded as a good option for start-up businesses, and is also notable for attracting interest from established industries, such as professional services. With the positive environment created by the Liverpool City Region Combined Authority six years ago, the city has seen significant investment, and is poised for growth.
New job opportunities are on the rise, encouraging more people to stay in Liverpool, and also attracting new talent to the area. Malouf welcomes the regeneration and new investment, commenting that a city with such a rich history deserves to be celebrated. He notes that post-Covid, people will want to work and play where they live.
All of the 237 homes that Romal completed last year are now being lived in, reflecting the new buzz about Liverpool as ‘the place to be’. The new residential developments are being built with people at their heart, with retail areas such as hairdressers and delicatessens to keep them shopping locally.
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