
Legacie Developments
A privately owned real estate investment and development company.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
* | £93.5m | Project, real estate, infrastructure finance | |
Total Funding | 000k |
Legacie Developments is a UK-based property development and construction company established in 2015 by Liverpool native John Morley, who currently serves as the Founder and Chief Executive Officer. The firm operates as a turnkey developer, managing every stage of the property lifecycle in-house, from land acquisition, development, and construction to property management and lettings. This vertically integrated approach includes four specialist in-house businesses that handle joinery, fit-out, road surfacing, and scaffolding, strengthening its supply chain and ensuring quality control across projects.
The company's primary focus is on residential-led, mixed-use developments, including build-to-rent, purpose-built student accommodation (PBSA), and social housing projects. Legacie Developments has a significant footprint in the North West of England, particularly Liverpool, where it is recognized as a dominant developer, responsible for a substantial number of the city's active construction cranes. Notable projects include the £90 million Parliament Square in the Baltic Triangle, a 505-unit apartment scheme with office space and a rooftop spa, and the regeneration of the historic Heaps Mill. The company has expanded its operations to other UK cities, including Manchester, Luton, and Cheshire.
Legacie's business model caters to domestic and international investors, and the company has utilized fractional sales—where off-plan buyer deposits help fund development—to fuel its expansion. This model has supported the delivery of thousands of homes and generated significant returns for investors. The firm has successfully delivered over 20 developments, comprising 3,000 homes, with a substantial pipeline of future projects. Since 2021, the company's turnover has grown from £35 million to £125 million.
A core aspect of Legacie's identity is its commitment to social value. The company actively engages in community regeneration by revitalizing underused urban areas, which boosts local economies and creates employment. It prioritizes local recruitment, with 60% of its workforce sourced from Merseyside, and has created over 500 local jobs through its supply chain. Social initiatives are formalized through programs like the 'Bright Futures Scheme' for apprentices and the 'Second Chance Scheme,' which supports prison leavers seeking employment. Furthermore, the Legacie Foundation supports local charities, including The Inclusive Hub and Alder Hey Children's Charity.
Keywords: property development, real estate investment, construction, residential development, mixed-use properties, urban regeneration, North West England property, Liverpool developer, student accommodation, build-to-rent, social housing, property management, land acquisition, fractional sales, construction services, community development, UK property investment, apartment construction, John Morley, Parliament Square