A £200m regeneration project for Chinatown in Liverpool, UK is set to start within weeks of its planning approval, which is expected to be secured this week.
Proposal for the New Chinatown project expects to add businesses, homes, a hotel and leisure facilities to the area, along with the development of a new Chinese retail hub on Great George Street site.
Liverpool City Council and the site’s former owner, regeneration company Urban Splash had chosen a design team comprising BLOK Architecture, PHD1 Construction and Chinatown Development Company for the project in June.
North Point Global, the parent firm for Chinatown Development Company’s chairperson Peter McInnes said: "This has been an incredibly intensive process to deliver planning on a project of this scale in such a short time period, but it underscores the importance of the project to the city and the mayor’s determination to progress a key strategic site.
"Hopefully planning will be approved next week and we can really start to deliver something exceptional."
The project has been planned to be carried out in phases, with the developers seeking approval for its initial phase before city council’s planning committee tomorrow.
PHD1 Construction is the contractor for the first phase development under the project.
The developers will also be seeking outline consent for the second and third phase development under the project at the committee meeting.
First phase will involve construction of a six-storey, mixed-use building, which will include six townhouses, 115 apartments with terraces, a public event area, seven commercial units and parking.
Nine buildings with 675 apartments have been planned under the second and third developmental phase, along with a 140 bedroom hotel, restaurant and gym.
BLOK Architecture lead architect Antonio Garcia said: "From the beginning we have had a vision for an essentially Chinese development that will breathe new life and vibrancy into an historic but recently declining area.
"The Chinese theme has informed our design philosophy, the mix of uses and in particular the new retail and commercial core that will become a major new destination within the city."
The project has been identified by the UK under its Northern Powerhouse initiative, and is fully financed by North Point’s established Chinese investment partners and the UKTI’s Regeneration Investment Organisation.