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| Peel transforms Liverpool's waterfront Peel, one of the leading property and transport companies in the UK, unveiled plans for one of the largest regeneration schemes in the country. The visionary scheme will see Liverpool become one side of the ocean gateway to the North West, an international waterside destination to rival cities such as Dubai, Vancouver, New York and Shanghai. Following on from their announcement last September that the Wirral waterfront will be transformed with a massive £4.5 billion waterside redevelopment scheme, Director of Development Lindsey Ashworth announced that a scheme of equal importance and magnificence will be developed along the Liverpool waterfront. Liverpool Waters will see a £5.5 billion investment in a 150 acre site that stretches from Princes Dock in the South to Bramley Moore Dock in the North. The 21 million square foot scheme will see the creation of a world class mixed use iconic development of over 50 buildings, many over 50 storeys high. Each building will be individually designed by leading architects from around the world to ensure a mix of iconic styles. Liverpool Waters, together with the Wirral Waters proposals on the opposite side of the River Mersey brings the total investment by Peel in creating these two spectacular waterfronts to more than £10 billion. It will be the largest investment of this type in the North West for over a century. An outline planning application will be submitted within the next 12 months. This first phase of the total development at Wirral and Liverpool will be phased over a period of approximately 30 years such is the enormity of this proposals. write your comments about the article :: © 2007 Construction News :: home page |