The first mock-ups of what Liverpool’s 150-acre Central Docks neighbourhood will look like once a lot of cash has been spent on the area have surfaced at MIPIM.
With an estimated value topping £5bn, Liverpool Waters is the largest single development opportunity in the city – almost half of it sits within the city’s World Heritage Site – and one of the biggest regeneration projects in Europe. Covering some 60 hectares and spanning 2.3km of waterfront real estate, the ambition is to create a brand new “world class” mixed-use city district for Liverpool, bringing historic – but currently rather dormant – docklands back to life.
Proposals include over 1,000 new waterfront apartments, alongside 750,000 square feet of office space and lots of retail opps. Apartments will be housed in buildings rising up to 44 storeys high, so are likely to offer some pretty compelling views across the city, the River Mersey, and the Leeds and Liverpool Canal.
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.
Lindsey Ashworth, Director of Development of Liverpool Waters: “Liverpool Waters is a unique opportunity to invest in a world-famous waterfront and it’s no surprise that this latest phase of the project has already generated interest from investors and developers.
“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.”
Ian Pollitt, Assistant Project Director at Liverpool Waters: “Central Docks represents a watershed moment for Liverpool Waters. There has been an incredible amount of work done behind the scenes to get us to this point but thanks to the positive attitude of the people of Liverpool, Liverpool City Council and other partners we are now in a position to proceed with this next exciting phase of the project.
“It is great to see so many of the region’s leading developers and city leaders joining us at MIPIM to showcase the opportunities on offer at Liverpool Waters and is testament to our shared commitment to re-establishing Liverpool as a global city.
“Liverpool Waters will not only transform the docklands and restore them to their former glory, it will leave a legacy of jobs and skills that will benefit the Liverpool City Region for generations to come.”