Aura

Project: Aura
Client: Aura Investors LLP
Location: Liverpool
Sector: Student Accommodation
Services: Project Manager/Employers Agent
Scale: 1007 student accommodation units
Programme: On site 2020

Summary
Aura, Liverpool, is a 1007 unit student accommodation development in Liverpool City Centre.

The original delivery vehicle entered administration early in 2020 and the works on site were suspended.

CHROMA assisted a consortium of original Investors who formed a Limited Liability Partnership and purchased the Development from the Administrator.

Challenges
The terms of the original Building Contract were used as the basis for the new Contract to Complete the Works. It was possible to reinstate all design and sub-contractor Warranties for the LLP.

A home team of Consultant’s was engaged to review the design, Contract Documents, and existing works. Working for a Client team formed by the Investors involved the implementation of organisational governance.

The exercise of appointing the team and re-negotiating the Contract was completed during the Covid pandemic over Teams and Zoom.

Manchester

Residential

183 Units