‘Our vision is to create high-quality, modern living spaces that retain the character of this beautiful landmark’
The former Victoria Dock Offices are set to become apartments after being acquired by a property investment firm. The building has been bought by the Nottingham-based PIP group.
As well as acquiring the site, PIP Group has also secured planning permission from Hull City Council to convert the landmark property into what they describe as “luxury apartments“. The acquisition marks a milestone in the company’s expanding portfolio, as it continues to invest in key regeneration areas across the North of England and the Midlands.
The company plans to transform Victoria Dock Offices, located on the Plimsoll Way/South Bridge Road roundabout, into six modern apartments, comprising three 2-bedroom apartments and three 1-bedroom apartments, all designed to maximise the building’s waterfront location and historic charm. Each apartment will benefit from views of the Humber Basin.
Arv Soar, founder and managing director of PIP Group, said: “The acquisition of the Victoria Dock Offices is an exciting opportunity to breathe new life into a building that holds both historical and architectural significance. Hull is a city undergoing significant regeneration, and we are thrilled to be part of its continued growth. Our vision is to create high-quality, modern living spaces that retain the character of this beautiful landmark while offering residents a contemporary lifestyle and exceptional views of the Humber Basin.”
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Since being closed as a working dock, Victoria Dock has become a popular residential area east of the River Hull due to its proximity to the city centre. The Hull City Council is planning to bring another large development to the eastern side of the river with the East Bank Urban Village project, which seeks to transform a series of brownfield sites along the east bank into a mixed-use development with around 850 new homes.
The council is also currently considering a planning application for a further residential development on the opposite side of the roundabout from the Victoria Dock Offices. The application seeks permission for a new four-storey apartment block north of the roundabout.
The apartment block would house twenty four residential units across the four storeys. Twenty of the units would have 1-bedroom whilst the other four would have 2-bedrooms.
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