Peel has unveiled plans for the next phase of the £5Bn Liverpool Waters scheme as new construction plots are released.
The scheme is being described as a “world class destination” situated on Liverpool’s iconic waterfront that will breathe life back into an area that has fallen into disuse for a number of years.
The project will redevelop 150 acres of historic docklands – one of the largest regeneration projects of its kind anywhere in the world. The Central Docks neighbourhood will provide a high specification business and leisure district, with over 2,000,000 sq ft of mixed-use floorspace including 750,000 sq ft of quality office space located right in the centre of Liverpool city centre.
Over 1,000 new waterfront apartments in buildings up to 44 storeys high will also be created, alongside a 17 acre public park offering views overlooking the River Mersey and the Leeds and Liverpool Canal.
Several interested parties have already visited the eight new plots on site to see the investing and development opportunities first hand and it is expected that by the end of 2017, up to £300m worth of construction work will have began.
Lindsey Ashworth, Director of Development of Liverpool Waters, described Liverpool Waters as a “unique opportunity” for investment and was already attracting significant interest. She said: “Our ambition has always been to create a waterfront for the world, a sustainable environment with stunning views where people and businesses can flourish together. Unveiling this southern part of the Central Docks neighbourhood marks the next chapter in the Liverpool Waters story and brings us one step closer to re-establishing Liverpool’s waterfront as a gateway to the world. Although the masterplan for Liverpool Waters was announced ten years ago, progress has so far concentrated on the Princes Dock neighbourhood, the new home of the Cruise Liner Terminal, with the bulk of effort going on behind the scenes to secure detailed planning permissions. By the end of this year, the team at Liverpool Waters are expecting to see over £300M of construction work starting on site.”
Source – UK Construction Online