Conference – LIVERPOOL £2.4 Billion Development and Investments

The emergence of urban regeneration and sustainable development serve as parallel strands of British urban policy. However, there has been little co-ordination between them and apparent imbalance in action with greater emphasis given to achieving urban regeneration. Henceforth, greater emphasis,on economic regeneration than to sustainability.

It can be argued that all urban regeneration contributes to sustainable development. The recycling of derelict land and buildings, reduces the demand for peripheral development and facilitates the development of more compact cities.

But below this strategic level British urban policy has yet to fully address the requirement for more sustainable development.

It is economic regeneration and more precisely property redevelopment, that is the main driving force regenerating the area and that there is some way to go before the city or specific areas achieve an environmentally sustainable regeneration process .

Liverpool is also an outstanding place to live and work and is looking to grow its population.

As of 2000 and 2008, house prices rose at a faster rate than the national average to which people in genral sow what Liverpool had to offer. In 2004 – 2005 Liverpool’s property prices increased by 22%, compared to the national average of 9% and 15% in the North West of England.

The city has 96 district,city and neighbourhood parks covering a total of 2500 acres. South Liverpool is particularly green with many tree-lined streets. Currently Liverpool has more street trees than any other British city outside London.

The Council is committed to supporting developers and businesses invest ing. It has recently brought together all its property and development services and created a Strategic Investment and Property Division to ensure it is able to provide an easy access, simple, quality service which works closely with the Council’s business friendly’ Planning Service.

The Strategic Investment and Property Division is private sector focused and responsive to investment and driving forward regeneration. The apparent aim is to improve the quality of life for people living, working and visiting Liverpool by encouraging and stimulating investment, encouraging enterprise and the growth of new businesses and jobs by exploiting Liverpool’s assets.

In Liverpool Waters, is the largest planning application in the UK; a cornerstone for the regeneration of North Liverpool, one of the Council’s strategic regeneration priority areas.

Current facts and figures

In the last 10 years

£4.5b has been invested in over 300 schemes

in the City Centre

255,000m2of new or refurbished retail f loorspace

2,600 new or refurbished hotel bedrooms

Over 22,500 new homes built

On site now

£970m worth of schemes

32,000m2of office floorspace

642 hotel bedrooms

 

In the coming decades, Liverpool will see investments for about  £ 2.5 billion, revitalizing many different parts of the city. How will this burst of investment and (re)development affect the city’s ability to stay ahead in the curve and maintain and build their position as a key infrastructural hub in the North West?

The conference gives an in depth view on some of the current and coming projects and areas in and around Liverpool. We draw the big lines for the 10-20 year development horizon and measure the political and economic climate concerning both started projects and yet unfulfilled visions. We look at investment potential, timelines and opportunities.

For developers, investors and advisors the current plans offer a rich possibility for activity and good opportunities for business. The current projects in pipeline totals approx. £2.5bn.

Attendees will include; commercial estate agents, developers, investors, city planners, architects and large scale contractors with a general interest in the development of Liverpool.

Other parties with a vested interest in any specific projects in the programme, might also find attendance worthwhile.

 

Conference Agenda

 

09.00  Registration & Morning Coffee

 

09.30  Welcome & Conference Begins

 

09.35   Opening Speech: Liverpool 2012-2016

Plans for a number of inland ports, regeneration of the docklands for £10bn, hospital development for £300m, an international trade center with 2.5m sq ft, infrastructural development for £600m – to mention just a few essential projects – have put Liverpool in a rapid state of development. Over the coming decades, Liverpool City will undertake urban development projects for approximately £2.4bn. Having several designated Enterprise Zones, Liverpool will benefit from the Government minimizing regulatory burdens, promising business rate discounts, radically simplified planning approaches, UKTI support and other attempts to enhance growth in the region. Which projects are underway, when will they commence and what is the big vision behind this renewed investment landscape?

 

10.00   Waterfront Development: Regeneration of 28m sq ft Historic Docks

The regeneration of 28m sq ft of redundant docks in Liverpool and Birkenhead will comprise a total investment of £10 billion. The project is called Peel Waters and is financed and developed by the Peel Group. It is envisaged that the total new building floor area created will be over 32m sq ft, with a mixture of commercial, retail, cultural and leisure development and the development of over 25,000 new homes. Further, Peel Group’s new international trade center will play a key role in development of the area. This series of buildings is to be built in four phases and will provide in excess of 2.5m sq ft in floor space, with an estimated development price of £500m. 
The trade center was granted planning permission in September, 2011. Timeline, phases and overview of the projects.

 

10.25   Liverpool Biocampus: 2 million sq ft of Innovation

Plans have been submitted to Liverpool City Council for the first phase of a 2m sq ft project. The Liverpool BioInnovation Centre is the first step towards the creation of a BioCampus that will place Liverpool alongside Boston and Singapore as a leading international centre for the Life Sciences. First phase will be a 70,000 sq ft laboratory. Following completion of planning and an ERDF funding process, work on The Liverpool BioInnovation Centre could commence as early as mid-2012 with completion expected by early 2014. The following phases of the BioCampus project will be delivered in concert with the construction of the new Royal Liverpool University Hospital. Partners believe that the completed 2m sq ft development could be completed by 2025.

Helen Jackson, Director of Strategy and Re-development, Royal Liverpool and Broadgreen University Hospitals NHS Trust

 

10.50   Coffee Break

 

11.20    Alder Hey Hospital: £288m New Children’s Health Park

The construction of a new Alder Hey Children’s Health Park entails an investment of £288 million. After extensive competitive dialogue the trust is now in final design with a preferred bidder and expect to start construction in November 2012 with an expected opening of the Children’s Health Park by mid 2015

 

11.45    Mersey Gateway: £600 million Bridge Between Runcorn and Widnes

The Mersey Gateway Project is a major scheme to build a new six-lane toll bridge over the Mersey between the towns of Runcorn and Widnes that will relieve the congested and ageing Silver Jubilee Bridge. The £600m project, which is being promoted by Halton Borough Council, will be the catalyst for regeneration, job creation and inward investment in the area. It has now been given funding and planning go-ahead by central government, and three private sector bidding consortia have been shortlisted to become the project company that will design, build, finance and operate the bridge. Construction work is scheduled to start late in 2013 with the new bridge opening late in 2016.

Alan Scarisbrick, Consultant Development Surveyor, Mersey Gateway Project

 

12.10    North Liverpool: Revival of Stanley Docks Area for £130 million

Stanley Dock is to be transformed as part of a £130m investment in the north of the city. The North Liverpool City Fringe Employment and Investment programme won £25m from the Government’s Regional Growth Fund (RGF). The plan is to build housing, retail and a hotel, similar to the scheme, which led to the revival of Albert Dock more than 20 years ago. The funding will also help the Vauxhall-based Eldonian Group build a combined heat and power plant to provide electricity and hot water to the area.

 

12.35    Questions and closing remarks

 

12.50   Lunch & Conference Ends

 

For further information please visit: www.worldinproperty.co.uk

LIVERPOOL £24 Billion Development


Bitcoin: 1GfqDHDXvh1ET3AZJpRiwFnYpfbS37SwFa


Litecoin:LQmpFDR91MpnFZoYjUPPWzaC7VJJ2ZRPJD

Comments on this entry are closed.


x

Related Posts

7 Market Movements to Look For When Buying or Selling Property
Buying or Selling Property - Buying or Selling Property - You need to wait for the right time before investing in a property. Buying or Selling P...
How to Put Houses on the Market – Easy Procedures to Follow
Selling a property right now is quiet difficult and carries long procedure. It is very important to keep things simpler for yourself. You can pre...
How Much Does it Cost to Renovate a House – Guidelines to Follow
Home renovation today is a big project although this starts with a simple idea. Sometimes homeowners think of selling the house instead of having...
powered by RelatedPosts