A stunning new development which will help attract new companies, investment and jobs to South Liverpool, is about to open for business.
Business figures have been given an early glimpse of the £6.54 million Estuary Banks scheme, at Estuary Commerce Park, Speke.
Developed by Capital & Centric, in partnership with Barnfield Construction, Estuary Banks is providing more than 80,000 square foot of industrial, commercial and warehouse accommodation. It is set to bring a major business boost to South Liverpool.
The building has been designed using the latest technology and materials. It aims to provide modern, flexible and affordable space for businesses wishing to set up or expand in South Liverpool, or relocate to the area.
Mayor of Liverpool Joe Anderson said: “I’m delighted that developers continue to be active in this part of the city, delivering high quality schemes such as this.
“This development represents a significant investment in South Liverpool and will help further boost the reputation of Estuary Commerce Park as a great place to do business. I wish it every success for the future.”
Liverpool City Council’s Cabinet Member for Regeneration, Councillor Malcolm Kennedy will receive a tour of the new facility at the showcase event. He will join developers, agents and neighbouring occupiers, to get a first look at the development.
Councillor Kennedy said: “This is really good news for south Liverpool. We have laid out a 20-year plan to maximise economic development in South Liverpool and identify new development opportunities, and this is a fantastic example of how we can achieve that.
“Estuary Banks will build on the offer of Estuary Commerce Park, helping attract additional businesses and opening the doors to new opportunities, investment and jobs for the area, which is why we fully support it.”
The development has got off to a great start. Although not officially open for business until next month, 100 per cent of the available space has been taken up, after Capital & Centric agreed deals with business centre operator Business First and agrochemical pesticide developer Yanco. The space is currently being fitted out by the developer to suit their bespoke requirements.
Tim Heatley, Director at Capital & Centric, said: “We bought the five acre site from the Homes and Communities Agency just 18 months ago and then built all 80,000 sq ft speculatively. It’s rewarding to see the new jobs it’s creating for South Liverpool.
“The success that we have enjoyed here means that we have the confidence to continue our portfolio in South Liverpool and will be launching the speculative 50,000 sq ft Speke Business Park before the year’s end.”
Estuary Banks is located on Estuary Commerce Park, south Liverpool, just off the A561 and adjacent to Liverpool John Lennon Airport. It consists of four units each measuring 20,000 sq ft on the ground floor with further first floor space above. The project received £2.54m of European Regional Development Fund.
Capital & Centric Plc are now driving forward with a second development on the nearby Goodlass Road, Speke, which will provide 50,000 sq ft of office and warehouse space for local business.
The developments support the South Liverpool International Gateway Strategic Regeneration Framework (SRF), which was launched by the city council last year, to capitalise on the unique offer of the south of the city, increase job opportunities, attract investment and maximise economic growth.