Liverpool Development Update
LIVERPOOL DEVELOPMENT UPDATE November 2016 Welcome Welcome to the latest edition of Liverpool Development Update. When I became Mayor of the city in 2012, I said that Liverpool’s best days were ahead of it. If you consider the levels of investment being seen across the city today in 2016, my prediction is now ringing true. Since the start of 2012, we have seen over £3.8 billion worth of investment which has brought new businesses, new homes, new schools, and new and improved community and health facilities to Liverpool. We have seen the creation of nearly 15,000 job spaces, many of which will be filled with new jobs to the city. We have also created thousands more construction jobs. There is more good news. Several major new schemes are now in delivery mode. I am pleased to see rapid progress on Derwent’s Liverpool Shopping Park at Edge Lane, whilst Project Jennifer is now well underway with construction about to commence on its new Sainsburys and B&M stores. In addition, Neptune Developments have started work on the Lime Street Gateway project, and I can also report that work is underway on the first phase of the Welsh Streets scheme that will now see many of the traditional terraces converted to larger family homes. Meanwhile, some of the new schemes have started under the Strategic Housing Delivery Partnership which will build a further 1,500 new homes and refurbish another 1,000 existing ones. Plans for new schemes continue to be announced. The Knowledge Quarter is to be expanded with a new £1billion campus specialising in FRONT COVER: research establishments, whilst we are now also seeking to expand the Commercial Office District with new Grade A office space at Pall Mall which this city so vitally needs.
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