Regeneration Liverpool, a joint venture (JV) between Liverpool City Council and Sigma Inpartnership has revealed a plan to develop five more sites in the UK city.
The new projects are in addition to the JV’s £100m Norris Green scheme, which has now delivered 115 new homes.
The five projects include the £200m Stonebridge Cross development, the Gateacre former comprehensive school site, Lime Street / Renshaw Street / Knowledge Quarter, Edge Hill District Centre and the Lodge Lane baths site.
Liverpool City Council leader and councillor Joe Anderson said in such a difficult economic environment the council has to find imaginative ways to carry out such projects with partners.
"Regeneration Liverpool is a really effective way of doing this, bringing together the best of the public and private sector and creating really exciting opportunities for our city," Anderson said.
Stonebridge Cross will involve the regeneration of 60-acres of land to build a new secondary school, a health centre, 600 new homes and retail facilities.
Regeneration Liverpool is also planning to develop the Gateacre former comprehensive school site to build 200 new family homes.
The JV is preparing to conduct feasibility studies for Lime Street / Renshaw Street / Knowledge Quarter, Edge Hill District Centre and the Lodge Lane bath site.
Development of these sites will incorporate commercial and residential development and educational, community and health facilities.
The JV will use the skills of local partners for the regeneration projects, including house builder Countryside Properties, commercial developer Neptune Developments, Plus Dane and other housing associations.
Sigma Inpartnership chairman Duncan Sutherland said the widening of the partnership provides a delivery vehicle for the city council in terms of regeneration, jobs and investment.
"The partners are already working with local communities to deliver projects and the council’s objectives in Norris Green, Stonebridge Cross and other areas of the city," Sutherland said.