Wirral Council has approved Peel Holding's Northbank East proposal that will see some £200m investment and create around 1,000 jobs, in construction and proposed office and retail uses in Birkenhead and Wallasey's docks.

Northbank East will see the creation of a new community based neighbourhood with a new approach to waterfront living and working. The project connects the converted Grain Warehouses on Dock Road to the Hydraulic Tower on Tower Road. The proposals will see an additional residential community, attracting residents to a wider choice of homes, together with local shops and places to work all within walking distance.

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The Northbank East proposals are part of Peel's wider masterplan for the East Float area, a major component of the Wirral Waters scheme, which will see one of the largest planning applications in the UK submitted later this year, comparable only with nationally important projects such as Greenwich Peninsula and the Olympics and its legacy.

Councillor Jean Stapleton, Cabinet Member for Regeneration and Planning Strategy said: "The Wirral Waters proposals offer a unique opportunity for Wirral, the Northwest region and indeed the country and I am very pleased that the first steps to its implementation can now be taken after the approval by Wirral Council Planning Committee of the Northbank East proposals.

"The plans will totally transform what is currently derelict brownfield land within East Float at Birkenhead Docks and when finished will create over 27,000 jobs in one of the country's most deprived areas."

The Members and Officers of Wirral Council have been working closely with Peel for almost three years to ensure that the benefits and opportunities of such a scheme can be maximised and this application alone will see the creation of around 1000 jobs in construction and proposed office and retail uses.

(CD/KMcA