£1.5 billion worth of developments planned for city
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Regeneration schemes totalling £1.5bn are being planned for Liverpool, it was announced today (Friday, May 16)
A range of innovative initiatives are in the pipeline for the city, which will bring 12,000 construction jobs and 4,000 permanent jobs, as well as safeguarding a further 3,000.
New key projects being developed for Liverpool include:
• The next phase in the regeneration of Kings Dock, which will bring an Olympic standard ice rink to the city along with an extreme sports complex, quality restaurants and family homes.(image above)
• Proposals for the transformation of Lime Street and parts of Mount Pleasant, which will deliver a new television and music venue, hotel, cinema, family restaurants, shops and accommodation for mature students.
The regeneration update – presented to the city’s Cabinet today – heard that Project Jennifer, on Great Homer Street started last month and Phase 2 of the Edge Lane Retail Park will begin in only three week’s time.
Mayor of Liverpool Joe Anderson said: “These schemes demonstrate there is a vibrant, exciting future ahead for Liverpool. The projects we are developing for Kings Dock and Lime Street will make the city an even greater place to live, work and invest.
“Crucially though, they will bring thousands of jobs into the city which will ensure we have a sustainable future. I promised our best days are ahead of us, and these key projects are evidence of some of the things we have planned for the future.”
He added: “Lime Street has been an area which was forgotten for far too long. It is one of the first things visitors to our city see when they step off the train and I am committed to transforming this into the gateway our world-class city deserves.
“Regenerating the city centre is vital but we are also working hard to deliver transformation across Liverpool as a whole – Greater Homer Street, Edge Lane and Anfield are all now seeing significant progress and there will be more to come in the future, with thousands of new and refurbished homes planned city-wide.”
The new plans announced today are in the initial development stages and are expected to progress into firmer plans by the end of 2014 or early 2015, when planning applications will be submitted.