Liverpool Waters is an ambitious 30-year vision costing in the region of £5.5 billion, aiming to redefine Liverpool’s iconic docklands into a world-class district in its own right. Stretched across 2 million square metres of land, this momentous regeneration scheme has bold plans to completely transform this waterfront into a mixed-use destination complete with high-quality office space and state of the art residential apartments, as well as creating a seamless extension of Liverpool’s city centre.
The Peel Group, awarded Responsible Business of the Year, are spearheading the Liverpool Waters regeneration with a 30-year time slot dedicated to completing the development. Redeveloping a total of 1.2 million square metres of property, 53,000 square metres of hotel and conference facilities, a new cruise liner terminal, plus 15,000 hectares of land and water is by no means an easy feat. Therefore, it is no surprise this project has been coined the largest and most ambitious in the whole of the UK.
Darran Lawless, development director at Liverpool Waters said,
“This really is a landmark time for the Liverpool Waters project. Following a decade of meticulous planning, we are now firmly in the delivery phase of this project, and I am excited to see these plans take shape.
The aim of Liverpool Waters project is an ambitious one, but one that will expand the city centre as well as creating jobs and bringing economic benefits to not only North Liverpool, but the region as a whole.”
There is a multitude of prolific developments that are well underway and progressing at a rapid pace. One of the most significant purposes of this extensive regeneration is not only to transform the city into a mixed-use destination but also offer new employment opportunities, a nicer place to live, and a more innovative place to do business, not to mention the investment prospects that are strong and profitable.
Liverpool has a distinguished and glorified history, and the transformation of the waterfront is no different. The city celebrates its plentiful maritime heritage which stems from its focus as a world trading port. Innovative technologies and an abundance of developments in the Liverpool Waters vision has solidified the city and its trading terminal as one of the best in the world.
Home to a major port, Liverpool Waters aims to sustain a positive future built on a successful past, aspiring to not only cater for professionals and tourists but a whole range of demographics that wish to use the superior facilities and amenities that are scheduled to complete in this pocket of the city.
First class residential accommodation will be a huge part of the new and improved Liverpool Docklands, as a total of five distinct neighbourhoods will join Liverpool’s existing property portfolio. Investing in Liverpool’s waterfront will provide a fruitful opportunity to produce high returns in an in-demand location as well as playing a crucial role in raising the city’s profile as an investment hotspot. Each development created will undoubtedly offer tenants a superior lifestyle, with the perks of living near the bustle of the city centre. If you’re interested in investing in rental properties, then the Liverpool waterfront is the perfect spot for high yields and positive growth. RW Invest, property investment specialists, have investment properties in proximity to this location and offer guidance to help you purchase your first buy to let property.
Liverpool has long been regarded as a vibrant city, attracting tourists from all over the globe to its plethora of attractions., however over recent years, the city has emerged as one of the leading destinations for property investment. High rental yields and strong house growth predictions are great news for both investors concentrating on maximising their income, and the local economy that thrives from increased investment. Liverpool waters is unquestionably setting the bar high for redevelopments of major cities across the UK and is an exciting time that is changing the face of Liverpool.