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Liverpool City Centre Strategic Investment Framework Baseline Report

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Liverpool City Centre Strategic Investment Framework Baseline Report Liverpool City Centre Strategic Investment Framework Baseline Report March 2012 Contents FOLLOW THE LINKS BELOW TO JUMP TO THE SELECTED SECTION 1 Baseline Report introduction 2 Literature Review – which captures the various relevant reports that have been prepared in relation to the City Centre over the last few years; 3 Benchmarking Study – an overview on a thematic basis of current trends and activities and how they might influence the development of the SIF; 4 Spatial Analysis – a description in plan and narrative of the current City Centre landscape from a physical perspective including a photographic record of the existing form of the City Centre; 5 Infrastructure Assessment – identifying the key component parts of the City Centre’s existing infrastructure, and an analysis of the Infrastructure Delivery plan which supports Liverpool City Council’s Core Strategy, a document which sits within the Local Development Framework; 6 Economic Review- an economic report on key economic and labour market indicators for Liverpool City Centre, the sub-region, the UK as a whole and the Global market conditions; 7 Funding and Delivery Mechanisms – an initial review of the funding and delivery issues; 8 Wider Impact Assessment – identification and assessment of the wider impact issues and their relationship to the SIF; 9 City Conversations Report- a record and analysis of the methodology and feedback derived from the ‘City Conversations’ process, the wide-reaching and informative consultation process used to inform the development of the SIF’s ideas and priorities. 1 Baseline Report Introduction Content and Purpose 1.1 The baseline review element of the Liverpool City Centre Strategic Investment Framework (SIF) process is contained within a series of baseline papers. The papers have been prepared to provide an overview of the current issues insofar as they will impact on the SIF. 1.2 The baseline papers are organised into a number of discrete sections as follows: Literature Review – which captures the various relevant reports that have been prepared in relation to the City Centre over the last few years; Benchmarking Study – an overview on a thematic basis of current trends and activities and how they might influence the development of the SIF; Spatial Analysis – a description in plan and narrative of the current City Centre landscape from a physical perspective including a photographic record of the existing form of the City Centre; Infrastructure Assessment – identifying the key component parts of the City Centre’s existing infrastructure, and an analysis of the Infrastructure Delivery plan which supports Liverpool City Council’s Core Strategy, a document which sits within the Local Development Framework; Economic Review- an economic report on key economic and labour market indicators for Liverpool City Centre, the sub-region, the UK as a whole and the Global market conditions; Funding and Delivery Mechanisms – an initial review of the funding and delivery issues; Wider Impact Assessment – identification and assessment of the wider impact issues and their relationship to the SIF; City Conversations Report- a record and analysis of the methodology and feedback derived from the ‘City Conversations’ process, the wide-reaching and informative consultation process used to inform the development of the SIF’s ideas and priorities. Baseline ReportLiverpool City Centre Strategic Investment Framework1 Key Findings from the Baseline Papers 1.3 The baseline papers begin to identify some of the critical issues and opportunities for the City Centre which will be brought forward into the preparation of the SIF. Literature Review 1.4 The Literature Review encompasses a wide body of work examining spatial, economic and thematic issues insofar as they impact upon the City Centre. The literature review has been used to inform the more in-depth analysis undertaken by the SIF team and acts as a useful point of reference moving forward into production of the SIF document. Key documents have been highlighted throughout the Literature Review paper. Benchmarking Study 1.5 The Benchmarking Study sets out a number of emerging themes which enable the team to think carefully about what will add value in regard to the SIF. The benchmarking study therefore looks at: Retail – with an emphasis on the most contemporary or appropriate types of future development for Liverpool; Knowledge Economy- illustrating the emerging digital and life science benchmarks and their influence on place and also the role of higher education, healthcare and institutional development in a City Centre context; Culture and Tourism- iconic building design adding to brand identity and place shaping; Residential- development within the city demonstrating how the best neighbourhoods work; World Events and Festivals – their influence on brand identity and opportunity to deliver legacy projects; Waterfront– the influence of a great waterfront on the city form and place making opportunities; Commercial- illustrating the drivers and accelerators of change and demonstrating that various mixes of use can co-exist; Green Infrastructure- imaginative use makes a world class city; and Green Expo- demonstrating that further opportunities exist to benefit from international business tourism and sustainable development. 1.6 The benchmarking study illustrates that whilst there is something to be gleaned from other places, Liverpool has made substantive progress in the key areas, perhaps the biggest point we could take from the process is the need for an international scale of ambition that will take the city to the next level over the next decade. 2Liverpool City Centre Strategic Investment FrameworkBaseline Report Spatial Analysis 1.7 The spatial overview contains: A definition of the appropriate boundary for the SIF which concludes by ‘shifting’ the geographical emphasis from South to North. This enables the framework to pick up the underutilised reservoir of land to the North of the ring road, whilst continuing to enable the Framework to take in the most dynamic parts of the City Centre to the South. The spatial analysis also considers ‘what works’ and what ‘does not work’ – the process beginning to define the areas where more work will be required through the SIF. Key opportunity areas include those areas already publicly identified for major proposed development such as Liverpool Waters, the BioCampus and Central Village. There are also areas where proposals for development are still emerging or require more focus and consideration, such as the older part of the City Centre core, the Baltic Triangle, the undeveloped parts of the waterfront and the remaining elements of the Central Business District, amongst others. A photographic record to archive the existing form of the City Centre. Infrastructure 1.8 This report presents a baseline position with regards to existing infrastructure provision and identifies an understanding of the existing provision, any gaps in provision and suggestions of infrastructure-related initiatives which could address issues and support the development and delivery of the SIF. 1.9 The report reviews the following forms of City Centre infrastructure: Transport; Utilities, e.g. energy and water; Waste management; Flood prevention; Digital infrastructure, e.g. broadband provision; Social infrastructure, e.g. schools, health provision and community facilities, such as libraries; and Green infrastructure. 1.10 Public transport forms an important aspect of the Review. It is currently providing for numbers but is not sufficiently directed at either the economic well-being of the city nor the well-being of those on lower incomes who are an essential ingredient of the city. 1.11 In addition, vehicle movement and vehicle management controls tend to take priority over walking and cycling in the city. The SIF will aim to address this issue. Baseline ReportLiverpool City Centre Strategic Investment Framework3 1.12 The delivery of a cruise liner terminal and an improved link to the airport is also recognised as infrastructure priority. 1.13 Broadband features highly as a form of infrastructure required to ensure that Liverpool City Centre competes nationally and internationally. 1.14 The Royal Liverpool Hospital is set to be completely redeveloped as part of a Private Finance Initiative (PFI) scheme to develop healthcare provision and provide opportunities for Life Sciences in the City Centre. Economic Review 1.15 The economic review focuses on key economic and labour market indicators for Liverpool City Centre, the sub-region, the UK as a whole as well as existing Global market conditions. 1.16 The fragile Global economic situation, in particular with the ongoing Eurozone debt crisis, means that there is significant uncertainty about the short-term economic outlook. However, as the economic review highlights, the SIF is concerned with establishing a long-term framework for growth and development in the City Centre, building on the strong investments seen over the past decade. Funding and Delivery Mechanisms 1.17 Our overview of funding and delivery draws together current mechanisms which have evolved over the last year or so. The funding landscape is changing and whilst the climate for ‘direct’ public investment is challenging, the thinking in relation to public: private partnership continues to develop. 1.18 The Delivery section of the SIF will explore opportunities to harness the new mechanisms available to the best advantage. Wider Impacts 1.19 The wider
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