Evolving Cities The changing face of

gva.co.uk Evolving cities

The UK’s cities are The Changing Face of Liverpool is one of our series of reports looking undergoing a renaissance. at how the UK’s key cities are evolving Large scale place making and the transformational change that schemes are dramatically is occurring, either in terms of the improving how they are scale of regeneration activity or a shift in perception. perceived, making them more desirable places to For each city, we identify the key locations where such change has live and work, and better occurred over the last 10 years, able to attract new people and the major developments that and businesses. continue to deliver it. We then explore the key large scale regeneration opportunities going forward. Liverpool today

Liverpool is a story of The 20th century was a more and the UK. Encouragingly, the city Liverpool is once again a destination Square has played a major role mixed picture with periods of both has also seen a sustained period of regional, national and international in the improvement of Liverpool’s resurgence. Historically, prosperity and hardship. The 70s of population growth over the last significance. re-shaped commercial offering. It has become it has been a hugely and 80s in particular were a period decade following an extended the retail core, regenerated a whole the focal point for Liverpool’s significant city for the UK. of severe decline for Liverpool. As period of significant decline. quarter of the city and acted as a commercial district, exemplifying with other Northern industrial cities it huge catalyst for further investment high standards of architecture, In the early 19th century Urban regeneration has been suffered from Britain’s manufacturing and regeneration. It has provided a design, quality and sustainability. instrumental in delivering this almost 40% of the world’s slump. The docks were rendered massive boost to the city’s economy improvement and in many ways the The first section of this report trade passed through its largely obsolete by the advent of and elevated Liverpool into the top city centre is virtually unrecognisable identifies the schemes from the containerisation and by the early UK shopping destinations. docks and it was a global from twenty years ago. last 10 years that brought about 80s the city had one of the highest destination and cultural The airport expansion and arrival Liverpool’s change. The scale of the unemployment rates in the UK. It At the same time the city’s richly of low-cost airlines have opened up schemes we look at varies, for some centre. was beset with high profile social historical assets have enabled its the city to international tourists and the size of the project alone would problems and structural decline. character to be retained. An excellent has once again made warrant inclusion, others are smaller example of this is Albert Liverpool’s circumstances today are the city a major global shipping but have had a very significant which was an early example of the vastly improved. Employment and centre, creating one of Europe’s impact. They have all contributed regeneration efforts and has been earnings growth since the late 90s most advanced ports. iconic buildings, public spaces and to Liverpool’s renaissance. It is have been strong and both measures added to Liverpool’s resurgence. a UNESCO listed world heritage site Kings Waterfront has been developed have outperformed the averages and contains the largest number of into a major hub for conferences of the region, the other Core Cities Grade 1 listed buildings in the country. and cultural events and St Paul’s 2

A580

A59

A580 Balliol Road Queens Dr 9

2007 – 2017 A5089 A59

Queens Dr 1 2 3 3 2 Rocky Ln

Liverpool ONE Liverpool2 Liverpool Waters A59

A580 E Prescott Road Kingsway 8 7

Edge Ln A59 1 A580 5 Balliol Road Queens Dr 4 9 Upper Parliament St

4 5 A5089 6

Kings Dock & MuseumA59 of Liverpool Sci-Tech Daresbury

Queens Dr 3 Rocky Ln

A59

Watkinson Way E Prescott Road 8 7

Edge Ln A562 1 5

Queensway Tunnel River Mersey 4 A558 Upper Parliament St 9 A533 7 8 River Mersey Titanic Hotel, Ten Streets A558 6 Knowledge Quarter St Paul’s Square & A533

Weston Point Expy A533

A56

M56

Watkinson Way

A562

River Mersey A558

A533 A558 6 A533

Weston Point Expy A533

A56

M56 Liverpool ONE

Liverpool ONE was a Liverpool ONE is a mixed use fashion retailers such as Ted Baker, redevelopment of 42 acres of Reiss, Karen Millen and Jigsaw. landmark regeneration previously underutilised land New Manesty’s Lane – a large retail project that opened in within . It building housing the flagship branch delivered 1.4 million sq ft of retail 2008, with a dramatic of Flannels along with the first ever space, 25,000 sq ft of offices, a 14 effect on the city centre standalone branch of Ermenegildo screen multiplex cinema, 230,000 Zegna outside . and boost to the city’s sq ft of further leisure space, 600 economy. It created homes and 2 hotels. Paradise Street – a wide pedestrianized shopping street, with approximately 5,000 There were also significant flagship store John Lewis, JD Sports permanent posts and infrastructure improvements, and Urban Outfitters. 3,300 in construction. It including a new transport and much better links between the South John Street – the heart of has won multiple awards Ropewalks and the Waterfront. Liverpool ONE, an open air shopping including the best urban It has driven Liverpool’s rise as a centre with two levels of retail high regeneration from RTPI. retail destination and its influence street shops with a link to the park and success are ongoing. and restaurants on the top level. Its market share in the North West The Park – forming a key part of has grown by 58% since opening and Liverpool ONE is the reinstated last year 29 new signed for , which rises in terraces stores. It has attracted aspirational from Strand Street to pavilions on a brands such as Harvey Nichols to the terrace high above South John Street city and been a catalyst for wider connecting the leisure operators such regeneration and investment. as Pizza Express, and Café Rouge. Liverpool ONE is split into six main districts: Liverpool ONE has significantly transformed Liverpool’s city centre. Hanover Street – an informal district, The demand from retailers and re-using old buildings with a mixture leisure operators is increasing, of hotel, residential, retail and leisure. which is seeing surrounding areas Peter’s Lane – this area links the regenerated as a result of the existing Street area to the success of the scheme. new district and comprises a mixture of arcades, streets and squares with

Paul Wills Photography Liverpool2

Liverpool2 is a new deep- The scheme is a £400 million for onward transport of goods to infrastructure development that the rest of the region and wider water container terminal will help create a new ocean gateway UK, via road, rail and water via at the . for UK trade and stimulate the North the Ship Canal. West economy. One of the biggest It utilises state-of-the-art The new terminal was opened construction projects in the UK, technology and equipment in November 2016 and more than Liverpool2 will be one of the world’s doubles the Port of Liverpool’s and is one of Europe’s most modern deep-water container container capacity. The project is part most advanced container terminals, creating 500 direct jobs of a £750 million infrastructure and and 4500 indirect jobs. terminals. property development programme Liverpool2 is the only major that is creating thousands of jobs and container terminal in the north new sites for business growth across or west of the UK and the Port of the region. is leading Liverpool is already the country’s the Ocean Gateway project, which biggest transatlantic port (45% aims to transform the North West market share). Liverpool2 will allow with 50 projects over 50 years and the latest ‘megaships’ in the global £50bn worth of investment. fleet to call directly in Liverpool, Liverpool Waters – Malmaison, City Lofts, Princes Dock

Liverpool Waters is the The vision is that this will transform benefits from a range of incentives the city centre and North Liverpool such as rates relief and simplified largest single development and create a waterfront offer that planning. scheme by financial size competes with major international The highlights of the outline planning cities. The total expected floor space in the UK. It is a major permission are; 8 million sq ft of delivery will be 183 million sq ft across transformational scheme residential space delivering up to 88 individual development plots. The 9,000 units; 3,340,000 sq ft of office for the city and covers 60 project is in the nascent stages with space; 570,490 sq ft of hotel & acres of former docklands site clearance now mostly complete conference space; 290,000 sq ft of and delivery anticipated over the adjacent to the waterfront. restaurants & cafés; 205,000 sq ft next 30 years. of pubs/wine bars; a new cruise liner The expected total investment terminal; new ferry terminal and road value for the scheme is £5 billion and and public transport infrastructure. to date has been funded by Peel The residential element of the Holdings (who own the site) and third scheme includes 730 PRS units from party investors who are involved 3 different developers. These will with specific aspects of the project. commence construction in 2017. There are a number of opportunities Infrastructure works will also be for developers and investors to get focussed on in the initial stages, involved with the scheme going including additional roads linking forward. The scheme is in the Mersey surrounding areas. Waters Enterprise Zone and as such Kings Dock

Kings Dock is a major The original development The remainder of the site is proposals stalled as a result of the subject of a masterplan and riverside development the 2008 economic downturn. planning brief from November 2012. which forms part of the The HCA is currently working This effectively widens the potential wider regeneration of closely with range of planning uses which would Liverpool Waterfront. on how best to bring forward the be permissible and specifically next phase of development. encourages leisure/destination The waterfront has type uses which would complement The initial phases of development been transformed over a the facilities already developed. including the Arena, period of 30 years since BT Convention Centre, multi storey However, the document is relatively the closure of Kings car park, two hotels and the shared non prescriptive in nature in order Dock, Queens Dock equity housing have already been to encourage developers to come completed. In addition, a new forward with a range of proposals. and Princes Dock. Exhibition Centre and Pullman An updated masterplan and planning Hotel adjacent to the Arena and brief is currently being prepared which Convention Centre are now complete, is expected to promote the site for having opened in late 2015 and early a leisure led development scheme. 2016 respectively. So far each parcel has been funded individually with European Regional Development Funding playing a prominent role to date.

ACC Liverpool Group Mann Island &

Mann Island is a stand The aesthetic of the scheme is RIBA are a commercial tenant at striking and it continued Liverpool’s Latitude and frequently conduct out mixed used scheme tradition of architectural ambition exhibitions in the double-height glass consisting of three and willingness to embrace atrium, called Equator House, that buildings and three public maverick design. connects the two buildings. There is an additional 16,500 sq ft of space in spaces. The development The £72 million project was a joint the building at mezzanine level which venture between National Museums completed in 2010, is currently available. reconnecting Liverpool’s Liverpool, Neptune Developments and Countryside Properties with The office building was entirely city centre to its historic Broadway Malyan as architects. It pre-let to at a headline waterfront and opening up delivered almost 400 residential units, rent of £20.50 psf and they have since previously enclosed areas 75,000 sq ft of retail/leisure, 140,000 sub-let a number of floors. It is one sq ft of office space and a 20,000 sq of only two BREEAM “Excellent” office of the dock. ft internal exhibition space. Two of buildings in the city and is owned by the buildings are mixed commercial Commerz Real Estate. and residential spaces and are called Longitude and Latitude.

Paul Wills Photography Sci-Tech Daresbury

Sci-Tech Daresbury is a It is internationally recognised – SuperSTEM,one of the world’s through the reputation of the STFC highest-resolution electron science and innovation Daresbury Laboratory and The microscopes and funded by the campus home to over 100 Cockcroft Institute. It has had a Engineering and Physical Sciences high tech companies in very important role in establishing Research Council (EPSRC) Liverpool’s reputation in life sciences areas such as advanced It originally opened in 2006 but has and advanced engineering. engineering, digital/ICT, expanded and ambitious plans are in bio medical and energy Some of its most notable individual place for its future growth which long developments include: term could deliver another 1 million and environmental – The Hartree Centre, a world- sq ft of space over a 100 hectare site. technologies. class centre of excellence in high To date it has been funded through performance computing, developed various mechanisms including joint a joint venture with IBM ventures with occupiers, Enterprise Zone Capital Grant Funding, the – Accelerator Science and Science and Technologies Facilities Technology Centre (ASTeC) and the Council and the European Regional Cockcroft Institute (which is on the Growth Fund. wider campus), at the leading edge of particle accelerator development Currently an investment of over and application £25 million is being implemented to deliver new laboratory and office – Innovations Technology Access facilities, power infrastructure Centre (I-TAC), STFC’s multiple upgrades, land acquisition and an award winning business incubation improved campus environment. facility; major new facility providing office, laboratory and workshop space for high-growth businesses Knowledge Quarter

The Knowledge Quarter The Knowledge Quarter has helped European Regional Development cement Liverpool’s reputation as a Fund and provides state of the art lab is a concentration of leader in sciences and other high-tech facilities including commercial access knowledge economy industries. This report will look at the to the latest Biobank technologies. past and the future of the Knowledge assets in Liverpool’s The Materials Innovation Factory is Quarter separately, as both aspects urban centre. They make a joint venture between Unilever and are significant and deserve a the and was a major contribution to dedicated section. Liverpool’s economy of supported by the Higher Education The city’s universities and hospitals Funding Council. It is a BREEAM around £1 billion each year, underpin the Knowledge Quarter. Excellent rated facility that provides equivalent to 15% of the Over the last ten years there has 125,000 sq ft of space including city’s economic output been major investment in knowledge labs and offices. It is an excellent based commercial developments example of the public and private and supporting around in the area which have added a sector collaboration in the Knowledge 14,000 jobs. further dimension. Quarter that Liverpool aspires to increase in the future. The most significant of these are; Liverpool Science Park which Sensor City is a joint venture currently provides over 120,000 sq ft between the University of Liverpool of high-spec office and commercial and Liverpool John Moores University. lab space. There is currently an It is a 125,000 sq ft facility and occupancy rate of approximately focusses on incubating start-up 90% and the most recent 40,000 businesses and entrepreneurs in sq ft wing opened in 2014. the field of sensor technology. Its ambition is for Liverpool to Liverpool Bio Innovation Hub is an become known as a global hub incubator space for SMEs, totalling for sensor technology. 65,000 sq ft. It was funded by the

Kristen McCluskie 2,500 homes still to come

2,500 homes delivered in New Thames St Paul’s Square key schemes Clipper Service

St Paul’s Square is The scheme comprises 374,000 sq The second phase of development, ft of Grade A offices (3 buildings), 50 No. 5 St. Paul’s Square, consisted regarded as the most luxury apartments, a 400 space multi of 134,000 sq ft of Grade A offices significant new commercial storey car park and new public realm. which is currently let to DWF, Quilter led development in It has played a major role in the Cheviot, Hays, Lloyds Banking Group Liverpool city centre within renaissance of Liverpool’s commercial and Denholm Logistics. offering and has set new standards in The third and final phase of the last decade and is the terms of architecture, design, quality development, No. 4 St. Paul’s Square, focal point for Liverpool’s and sustainability. provided an 8 storey Grade A office commercial district. St. Paul’s Square represented the first building totalling 109,000 sq ft and phase of the new Commercial District was ’s first speculatively Masterplan centred around Old Hall developed BREEAM “Excellent” Street and Pall Mall. Development office building. The building is let of the first phase was completed in to Santander, Mercers, MSB, GVA October 2017 and comprises; and CBRE. No. 1 St. Paul’s Square which delivered The scheme was developed by 131,000 sq ft of prime office space, English Cities Fund (ECF) a joint pre-let to Hill Dickinson LLP and AIB; venture between Legal & General, No. 2 St. Paul’s Square, an 11 storey HCA and Muse Developments. residential tower containing 50 luxury Standard Life Investments currently apartments, 400 space multi storey own the second phase of offices at car park, the square and associated No. 5 St. Paul’s Square. public realm. Titanic Hotel, Ten Streets and Stanley Dock

Ten Streets covers 125 The success of the Titanic Hotel The Tobacco Warehouse is acres of former dockland and the on-going redevelopment of Liverpool’s largest listed building Stanley Dock acted as catalysts for and its redevelopment will create between the northern edge the launch of the Ten Streets Vision a landmark destination for the city, of the city centre and the in early February 2017. building momentum for the wider Ten Streets regeneration. Tobacco Warehouse at The Titanic Hotel was the first step Stanley Dock. It currently in Stanley Dock’s regeneration, Unlocking the potential of the Ten contains a mix of historic converting a grade-II listed warehouse Streets scheme will be further enabled into a distinguished hotel. It showcases by infrastructure improvements that dock warehousing and acclaimed interior and exterior design, better connect the location. The industrial buildings. successfully blending the building’s rich A565 will be widened, the history with its modern use. system improved and new cycle and pedestrian routes will be created. Harcourt Developments delivered Titanic Hotel and are now redeveloping Ten Streets will have a focus the Tobacco Warehouse at Stanley on cultural and creative uses with Dock. This is a residential led, mixed- a view to becoming recognised as use development which will see over a hub for cultural enterprise. There £130 million invested. It will convert will be workspace as well as a new the Tobacco Warehouse and South music/event venue with a cutting Warehouse into: edge revolving stage. – 448 apartments / business units The scheme will continue Liverpool’s tradition for embracing architectural – 36,300 sq ft of exhibition space innovation and bold design. It will also – 10,900 sq ft of retail space emphasise sustainability and digital connectivity. New public spaces will – 8,700 sq ft café/restaurant/bar be created which will be used to host – 44,100 sq ft offices outdoor events and performances. – 104 room short stay hotel Ten Streets will ultimately be the gateway to Liverpool Waters and – 132 room long stay hotel the wider North Shore area and be as important to Liverpool’s future economy as the Commercial District and Knowledge Quarter. Liverpool tomorrow

Liverpool’s transformation Looking forward, Liverpool Waters, and attracting knowledge-based, improved and there are plans to do Brexit also poses a threat to Liverpool, to date has been drastic the £5.5 billion mixed-use proposal high value added industries. so, focusing on the city’s strategically it has benefited significantly from for a 60-hectare area north of Albert important streets. Britain’s EU membership in terms There is roughly 250,000 sq ft of and will provide the Dock, will transform the northern of funding and in recent years has office space under construction, As with other cities in the waterfront of the city. This will tie also been successful in attracting platform for continued predominantly in the Knowledge UK, Liverpool faces significant in with other opportunities, such as overseas investment. Moving forward, regeneration and Quarter, that is due to complete in challenges with housing provision the Pall Mall development, enabling it is important Liverpool continues to 2017. Looking forward Liverpool has and affordability. These are issues development over expansion of the commercial district. do this. It has ambitious targets for a fairly significant pipeline, with it needs to address to avoid the next decade. There will also be additions to the levels of future inward investment and around 4.8 million sq ft planned them becoming more serious city’s retail offer which will ensure the city needs to deliver appealing for Liverpool city centre and the and threatening future growth. Liverpool retains its place in the retail opportunities to achieve them. immediately surrounding area. hierarchy, including the struggling Liverpool also suffers from a This section of the report looks retail area between Liverpool One Infrastructure improvements productivity gap relative to at the key schemes that will deliver and Lime Street Station are needed for Liverpool to comparable cities in the UK and Liverpool’s growth and development continue to grow economically Europe. Its industrial structure is The Knowledge Quarter will continue ambitions over the coming 10 years. and to differentiate itself from its still weighted towards public sector to receive investment, extending competitors. Liverpool is fortunate in employment and is relatively low on the space available, adding that it has a wealth of infrastructure scientific-technical sectors. To build accommodation and improving assets, including an underground rail on the success to date in attracting public realm and infrastructure. system that can be expanded and high tech industries, Liverpool needs This offering is crucial if Liverpool is improved. Pedestrian connections to continue to make progress in to be successful in realising its goal in the city centre also need to be producing a suitably skilled workforce. of having a reputation for innovation A580

A59 2017 – 2027

A580 10 11 12 Balliol Road Pall Mall Exchange Former Garden Festival Site Queens Dr

A5089

A59 15

Rocky Ln Queens Dr 13 14 15 Knowledge Quarter New Chinatown Central Village

A59

E Prescott Road

Kingsway Tunnel 11 10 Edge Ln

13 14 Queensway Tunnel 16 17 16 Upper Parliament St Flint Street – Nortons – Cains Brewery

River Mersey 17

12 Wirral Waters

Wirral Waters is the The site is in the single ownership that will ultimately deliver up to of Peel Holdings, who have several 1 million sq ft; a hydraulic tower largest single development major regeneration initiatives that will provide a 8,300 sq ft scheme by floor area underway in the city. Planning was Maritime Knowledge Hub with in the UK. It will be granted in 2012 and the total floor ancillary retail/leisure space; 200 transformational for space that will be delivered is in the residential units and a 32,300 sq ft region of 16 million sq ft. There are office building. Wirral and the Liverpool a number of key strategic partners The final scheme will deliver in City Region. The area is including Wirral Council, Mersey the region of 13,500 residential units; Maritime, Liverpool University designated as an ‘area of 4.5 million sq ft of office and R&D and other educational providers. need’ and the project will space; 645,834 sq ft of retail space; have huge socio-economic The initial phases, including 409,026 sq ft of hotel and conference infrastructure improvements and facilities and just over 1 million sq ft benefits and is expected to site clearance, are largely complete. of D1 & D2 space. create around 20,000 jobs. A 48,000 sq ft Grade A office As well as upgrades to existing block, Tower Wharf, has also been transport infrastructure there will completed along with an Education be the introduction of the Wirral Campus for Wirral Metropolitan Streetcar, a light rail system that College totalling 35,000 sq ft. will serve the development The next stages that will run concurrently are; a manufacturing, energy & automotive supply park Pall Mall Exchange

Pall Mall Exchange The site is situated within close The freehold has now been proximity (200m) to Moorfields transferred from the HCA to is a prime strategic Merseyrail station which provides Liverpool Council (who will development site direct access to Liverpool Lime appoint delivery partners via existing located in the heart of Street (which is also a 10 minute frameworks). This process is currently the commercial district, walk) and the Merseyrail network. underway and there is a shortlist of 3 developers. adjacent to the award It is also a 5 minute walk from the winning St. Paul’s Square. main retail area (Liverpool One) In tandem with the transfer, the City and is within close proximity to Council has assembled funds to deal other amenities on Old Hall Street with the remediation of the site and & Castle Street. has inherited a reclamation strategy (ARUP), and other pre-development The site doesn’t currently have a strategies undertaken by HCA. The planning consent but we understand City Council has options in terms of that a planning application will be development and are able to deliver submitted by the end of 2017. The an accelerated programme. The whole site is capable of delivering masterplan and site layout plans up to 1.5 million sq ft of office space. will be confirmed and a planning application submitted by the end of 2017. Former Garden Festival Site

The site has significant The council took control of the The regeneration is also likely to 90 acre site last year after a 10 year include cultural venues, a waterpark potential and has deadline passed for the developer to and the creation of new inlets, languished for too long. commence residential development. docks, gardens and public realm. There is also the possibility that It has been derelict The council has since carried out the regeneration will have a strong for a number of years remediation of part of the site and focus on ‘green’ credentials. during which there K2 architects are currently designing have been several a masterplan to regenerate the site There is very little detail currently into a new ‘cultural garden suburb’. available as the masterplan has not mooted development This will likely have a number of been published yet but there is a clear plans that ultimately distinct neighbourhoods that could dedication from the highest levels of failed to materialise. ultimately provide up to 2,500 homes. the local government to finally deliver a thorough regeneration of the site. Knowledge Quarter – Paddington & Health Campus

The Knowledge Quarter It will ultimately deliver 1.8 million sq ft The second phase is Paddington of science, technology, education South which will be mixed-use and has exciting expansion and health space. It is inspired by include residential and leisure space plans to build on its Greenwich Village in New York and the centred around landscaped public already considerable aim is to create a place with a strong realm. There are also plans for a new success. The plans are sense of community and identity. The train station that will link into the Royal College of Physicians has been existing underground network and for a 30 acre, £1 billion announced as anearly anchor tenant, connect the Knowledge Quarter to expansion known as taking 70,000 sq ft of space for their the wider area. Northern Centre of Clinical Excellence. Paddington Village, The final phase will be Paddington at the eastern gateway The initial phase of the scheme is North which will be opposite the to the city centre. Paddington Central and will deliver new Royal Liverpool Hospital and infrastructure, public realm, the will offer long term commercial Northern Centre of Excellence and and residential development Liverpool International College. opportunities. There are also This phase is being delivered by proposals for an easy-access Morgan Sindall and is expected link bridge which will connect to be completed by 2019 and will the site directly to the heart of also see the creation of further Paddington Central. development plots to make them market ready. New Chinatown

Liverpool’s Chinatown is New Chinatown is located adjacent in advanced talks with Your Housing to the historic Chinese Quarter Group on a purchase or joint venture the oldest in Europe and and the Baltic Quarter and is very basis. The first phase is due to is a vibrant feature of the close to the traditional retail core be delivered before the end of 2017 city, with a strong identity and waterfront. The masterplan and will deliver 145 residential units and rich history. The area runs parallel to Great George Street with ancillary commercial space. and adjacent to the vast Anglican The final development, to be suffered following the Cathedral. It will create a new, delivered over 3 phases, will provide financial crisis and an distinctively Chinese urban quarter, 790 residential units, 150,000 sq ft strongly influenced by Chinese ambitious regeneration of commercial space, a 150 bedroom architecture and design. scheme is underway to hotel and a 120,000 sq ft Chinese revitalise and further The scheme has an estimated cost inspired retail bazaar. The residential of £200 million and is being heavily units will target the prime end of the develop the area. backed by Chinese investment market and be managed by Urban partners, having been promoted Lifestyle, who will deliver a round by the UK Trade & Investment the clock concierge service. Organisation. Some of the units This scheme will deliver a will be focussed on enabling Chinese differentiated, exciting new businesses to establish themselves destination in Liverpool and be an in the UK. important platform for developing North Point Global are the current further relationships with Chinese developer for the scheme but at the investors and businesses. time of going to press were reportedly Central Village

Central Village is a major The site was until recently under centre and provided 75,000 sq ft of multiple ownership which hampered Grade A accommodation, with the regeneration scheme in its completion. All the uncompleted NHS leasing half the space. Work the heart of Liverpool elements have recently been to complete the transformation of city centre, adjacent to consolidated into a single ownership Lewis’ is currently ongoing and so far Liverpool Central station. which should facilitate a smooth has delivered an Adagio Aparthotel conclusion to the scheme. There and Pure Gym. The complete project The £160 million scheme are three main components of will provide a mixture of retail and was planned to deliver a the scheme: leisure space. retail and leisure led mini The Watson Building The Boardwalk village, creating a new This is an extension of the famous This element was to be built on destination and improving Lewis’ department store and has the land between Lewis’ and Central linkages in the city centre. created 74,000 sq ft of flexible Grade Station. The previous plan was for A office space, delivered by West Nile it to be a leisure led area, anchored Developments. An adjacent 13 storey by an Odeon cinema together with block of student accommodation by outdoor seating, water features Legacy Student Living is underway and a continental style square with and will provide just under 200 cafés and restaurants. In addition student beds. the site had planning for a 240 bed hotel and a 10 storey residential The Department building. The new owners are in the This is the office element of the process of reviewing their options rebranded Lewis’ Building which for the scheme. is an iconic presence in the city Flint Street – Nortons – Baltic Triangle

Flint St is a major The Cairns Brewery site (see separate This could deliver over 650 section) just across from Flint St, residential units and deliver a striking development opportunity will deliver a 1 million sq ft mixed development, with panoramic views in Liverpool’s Baltic use development including; cinema, of the UNESCO waterfront, the Triangle district. The supermarket, bars, restaurants and Welsh hills and two iconic cathedrals. area is already established food hall. X1 developments have a 25 An indicative scheme has been storey residential tower opposite and drawn up to reflect the potential as Liverpool’s premier this will provide part of the southern of the site. It consists of 3 towers, location for creative gateway to the city, with Flint Street ranging in heights, with potential companies and is now available to complete it. for commercial/retail on the ground floor of each tower. seeing significant The Flint street site is 1.9 acres on-going investment and occupies a strategic gateway The site is currently on the market location. It does not currently have with bids expected by mid February and transformation. planning permission but Liverpool 2017. From there a preferred developer City Council are fully supportive of its will be selected, heads of terms redevelopment. Initial feedback from will need to be negotiated and the Council indicates a preference for the developer will have to submit a residential led mixed use scheme. planning, with a view to starting on site Spring/Summer 18. Cains Brewery

Cains is a famous The wider brewery site is referred An upmarket supermarket operator to as Cains Brewery Village and is also being sought, along with an Liverpool and its is undergoing an extensive and independent arthouse cinema and brewery building is an transformational redevelopment. a beauty and fitness centre. There iconic example of Victorian This will deliver 1 million sq ft of will also be residential space at the architecture, well known mixed use space with a focus on scheme and this is likely to either take a diverse retail and leisure offering. the form of high quality homes or a in the city and is now The regeneration will create a significant student provision which Grade II listed. tourist anchor and activity hub at could be as many as 2,500 beds. the southern end of the city centre The vision for Brewery Village and will link the site into the Marina addresses an existing gap in and Waterfront. Liverpool’s market for the more The plans include a new Cains independent and varied offering brewery which will enable the brand that these operators will provide. to continue producing a wide range The scheme will secure existing of beer and will be integral to the jobs in the brewery and create new destination. The retail and leisure opportunities, with the total projected offering will emphasise independent, employment contribution standing artisan and boutique options. This at 800. It is expected to generate will include a large open plan retail economic output of £25 million hall for food vendors, a 94 room per year for the city. boutique hotel and a retail market for independent fashion businesses. For further information please contact:

Stephen Cowperthwaite Regional Senior Director [email protected] 0151 471 6734 David Sayer Director [email protected] 0151 471 6701 Daniel Francis Head of Research [email protected] 020 7911 2363 Josh Rose-Nokes Senior Researcher [email protected] 020 7911 2740

Our offices:

Birmingham Bristol Edinburgh Liverpool London Manchester Newcastle

This report has been prepared by GVA for general information purposes only. Whilst GVA endeavours to ensure that the information in this report is correct it does not warrant completeness or accuracy. You should not rely on it without seeking professional advice. GVA assumes no responsibility for errors or omissions in this publication or other documents which are referenced by or linked to this report. To the maximum extent permitted by law and without limitation GVA excludes all representations, warranties and conditions relating to this report and the use of this report. All intellectual property rights are reserved and prior written permission is required from GVA to reproduce material contained in this report. GVA is the trading name of GVA Grimley Limited. ©GVA 2017.

GVA 11259 No.4 St Pauls Square Old Hall Street Liverpool L3 9SJ. ©2017 GVA

GVA is the trading name of GVA Grimley Limited an Apleona company.