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Plans have been revealed for the next phase of the £5 billion Liverpool Waters regeneration project.
Unveiling the proposals at MIPIM in Cannes, developer Peel plans to create a new Central Docks neighbourhood featuring over two million sq ft of mixed-use floorspace, as well as 750,000 sq ft of office space.
In addition, over 1,000 new waterfront apartments will be built in buildings up to 44-storeys high, while a 17-acre public park will be built with views overlooking the River Mersey and the Leeds and Liverpool Canal.
So far, progress on the £5bn scheme has been concentrated on the Princes Dock neighbourhood, the new home of the Cruise Liner Terminal, with bulk of effort going on behind the scenes to secure detailed planning permissions.
By the end of 2017, developers are expecting to see over £300 million of construction work starting on site.
In addition, Peel revealed investors and developers have already been showing interest in eight new plots at Central Docks.
Lindsey Ashworth, Director of Development of Liverpool Waters, said: "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, said: "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."
(LM/MH)
