Liverpool has come a long way over recent years, and it is now one of the UK’s most vibrant cities which is constantly growing and improving. When it comes to regeneration in the city, Liverpool is set to improve even further, with a number of exciting plans on the horizon that are set to boost both the economy and quality of life in Liverpool massively. To help you get a better idea of what’s in store, here’s a guide to the regeneration plans for Liverpool over the coming years.
Liverpool Waters
The waterfront is one of Liverpool’s most popular attractions, with the historic Albert Dock attracting tourism and interest from around the world. Liverpool Waters is a regeneration project that aims to completely transform 60 hectares of the city’s historic dockland, introducing new neighbourhoods to the city centre such as Clarence and Central Docks. £5.5 billion will be invested into the development, with the final outcome seeing the creation of 315,000 square meters of business space and thousands of new homes. The development of Liverpool Waters will also bring a variety of leisure attractions to the city, adding to Liverpool’s already eclectic range of restaurants, bars and hotels.
Anfield regeneration
Other plans on the horizon for Liverpool include the £260 million Anfield regeneration scheme, which will hopefully be finalised by 2020. This project will see the famous Anfield football stadium expand to a larger capacity of 54,000. As well as this, the area surrounding the stadium will result in a revived ‘high street’along Breck Road. New homes and shops will be created within the Anfield area, along with the city council refurbishing and demolishing a number of derelict terraced houses.
Knowledge Quarter
The Knowledge Quarter is a major project due to take place in Liverpool over the next five years which sets out to promote and grow the innovative science, health, culture, education and technology industries operating in the city. With certain elements of the Knowledge Quarter such as Liverpool Science Park already present, regeneration plans include a show stopping £35 million development for the Royal College Of Physicians — a 14 storey building with a state of the art design that actually resembles a spine. Other plans include the introduction of the new up and coming Liverpool neighbourhood, the Fabric District. The area which was once the centre of the city’s rag trade is set to be transformed into one of the most vibrant city centre locations, with property investment companies like RW Invest offering stylish property investment opportunities in the area.
Northern Powerhouse Rail
Transportation in the city is going to see big improvements over the coming years due to the Northern Powerhouse initiative. The scheme, which aims to boost investment, economic growth and quality of life throughout the North of the UK plans to make transport between the key Northern cities like Liverpool, Manchester and Leeds a lot more efficient. A high-speed rail network will be implemented across the North, connecting Liverpool directly to Manchester airport and other major cities. ‘Strategic Rail’ is another regeneration project which will bring improved waiting times, frequency and capacity to transport in Liverpool and the rest of the North.
For more news for the North West, please pay a visit to our lifestyle page.
