A new name has been unveiled by Peel L&P for its GBP 130 million Northbank residential scheme at Wirral Waters. The development, which will comprise 500 highly sustainable and energy efficient homes, has been named Miller’s Quay, rooting it firmly with the site’s industrial heritage. The name refers to the historical use of the site as a flour mill and a copper-rolling mill with ‘Quay’ symbolising a positive change which echoes the dock’s industrial past, while reclaiming the waterfront for the local community.In January, the Pension Insurance Corporation signed an agreement with Peel L&P to fund the cornerstone residential scheme, which is set to be the biggest single development at Wirral Waters. Then, in February, Construction Company Graham was announced as the contractor for the scheme, with construction work expected to begin in the summer of 2022.Miller’s Quay, which has previously held the working titles of Legacy and Wirral Waters One, will include 500 one and two-bedroom waterfront apartments, including 100 affordable new homes. Rents on the affordable homes will be a maximum of 80% of open market value, delivering significant social impact.With Wirral Waters believed to be one of the largest and most sustainable regeneration projects in the UK, Miller’s Quay has been designed with sustainability at its core. The energy and resource efficient homes have been designed to reduce water and energy consumption, prioritise natural lighting, reduce wastage and use sustainable, energy efficient heating. Miller’s Quay will be surrounded by parks, green spaces, dockside walkways and cycle routes, with homes having access to cycling storage and electric vehicle charging points.