Liverpool City Council approves £5.5bn mixed-use scheme

7 March 2012 (Last Updated March 7th, 2012 18:30)

Liverpool City Council in the UK has approved Peel Group's £5.5bn mixed-use scheme, Liverpool Waters.

Peel Group's £5.5bn mixed-use scheme

Liverpool City Council in the UK has approved Peel Group’s £5.5bn mixed-use scheme, Liverpool Waters.

The approval is subject to the signing of a legal deal and has to be referred to the UK Secretary of State for Communities and Local Government, who will decide whether to refer the proposal back to Liverpool or call for a public inquiry.

The scheme involves the regeneration of a 60ha dockland site over a 30-year period to create a mixed-use waterfront quarter in central Liverpool.

Liverpool council leader Joe Anderson said the decision ‘to grant planning permission for Liverpool Waters is one of the most significant and far-reaching made in Liverpool’s recent history.’

"Everybody, including the committee is well aware of the concerns about heritage, but we can have the strikingly modern, while retaining our world heritage status," Anderson said.

The scheme will feature over 9,000 new homes, two new large public parks, three million square feet of commercial development, offices, a cruise liner terminal, hotels, shops, restaurants and leisure facilities.

It will also include the 55-storey Shanghai Tower, which on completion will be the tallest UK building outside of London.

 

Image: The Liverpool Waters scheme will include the 55-storey Shanghai Tower, which will be the UK’s tallest building outside of London. Photo: Liverpool City Council.