Peel have submitted the largest planning application in the UK named Liverpool Waters, a redevelopment of part of Liverpool Docks comprising over 14 million square feet of mixed use floor space on 150 acres, an investment of £5.5 Billion.

Liverpool Waters proposes the regeneration of former and currently disused dockland in North Liverpool to create a city central world-class, high-quality and mixed use waterfront quarter.

Liverpool Waters is the sister scheme of Wirral Waters located on the opposite side of the River Mersey which combined are known locally as the 'Peel Waters' project forming a magnificent visual gateway to the Northwest. Peel Waters is the largest and most ambitious regeneration project of its kind anywhere in the UK at over 30 million square feet. It represents an overall investment of £10 Billion and will transform the economic fortunes of the Northwest, creating tens of thousands of jobs spanning some 30 years.

Lindsey Ashworth, Development Director at Peel said: "It is a fantastic and almost unbelievable achievement to get a scheme of this scale and nature to a point where a planning application can be submitted. With the amount of people involved in the process I have to say that it's been very difficult to get a general consensus of agreement but we have managed this because all the stakeholders are proud of Liverpool and want this project to be delivered and therefore have made massive efforts to get it to this stage.

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"I really do appreciate everybody's efforts, motivation and willingness to explore innovative ways of finding solutions where no precedents exist. It has been a very costly exercise and there is much more to be done, but Peel believes that Liverpool can be a greater City and that Liverpool Waters will be a major part of its future and that it will all be worth the effort in the end."

The planning application follows the submission and subsequent approval in August this year by Wirral Council of the East Float part of the Wirral Waters scheme, the regeneration of Birkenhead Docks.

Liverpool Waters will be a spectacular mix of buildings for all uses including offices, over 9000 new homes, a cultural building and a new cruise terminal as well as supporting uses such as local shops and restaurants. The scheme will also include the 55 storey Shanghai Tower which will be the tallest UK building outside London. The development works in harmony with the waterfront throughout, making use of this natural element and bringing the docks back to life.

Mark Chadwick, Chief Executive of Professional Liverpool commented: "Professional Liverpool have been a strong supporter of Peel's overall vision for Liverpool for some time. The expansion of Liverpool John Lennon Airport and improvements to the Port naturally leads on to redevelopment of the city centre along the waterfront.

"Liverpool Waters offers Liverpool and the region the opportunity to improve its image and enhance its emerging international status as a leading UK business investment location and we therefore fully support the Liverpool Waters project to help all our common goals."

(CD/GK)