Date post: | 08-Jan-2017 |
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Real Estate |
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LIVERPOOL: DEVELOPMENT PRIORITIES
Mark KittsAssistant Director, Regeneration, Development, Planning & Housing
Regeneration in Liverpool:a continually expanding story...
Progress & AchievementsValue in £millions of major schemes completed & on site since 2006 (City Centre & Neighbourhoods) (as at 29 Sep 2016)
417
649580
628200
550
100
504 527576
0
200
400
600
800
1000
1200
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
Schemes completed
(Liverpool ONE)
Schemes currently on site
Estimated schemes to commence soon and with suggested completion dates
771
£ m
illio
ns 870
555(1,074)
536(1,270)
1051
2018
754
495
235
2006 2019
519
149
(924)
454
(1,199)
Headlines …..
£
COMPLETED SINCE JAN 2012 (last 4½ years)
CURRENTLY ON SITE (to complete 2016-19)
TOTAL
£3.64 billion• £1,647m in the City Centre• £1,997m in the
Neighbourhoods
Job spaces created*:• 14,699 FTE equivalent in
new developments• 32,000+ construction/year
6,518 new homes built• 4,571 under the Housing
Delivery Plan (HDP)• 1,947 other private sector
homes built
£1.45 billion• £822m in the City Centre• £635m in the
Neighbourhoods
Job spaces predicted*:• 3,981 FTE equivalent in new
developments• 13,000+ construction/year
3,117 new homes • 1,312 under the HDP and SHDP• 1,805 other private sector
homes
£5.10 billion• £2,469m in the City Centre• £2,632m in the
Neighbourhoods
Job spaces created*:• 18,680 FTE equivalent in new
developments• 45,000+ construction/year
9,635 new homes• 5,883 under the HDP and SHDP• 3,752 other private sector homes
* Job Spaces = space for jobs. This is not necessarily NEW jobs created; some jobs will come from existing local businesses relocating to new or refurbished premises
Major developments completed since January 2012 and currently on site
Headlines…..
Breakdown by type of CITY-WIDE developments currently on site in £m (as at 28 Sep 2016)
Industrial/Warehousing
Offices
Retail
Health
Education
Hotels
Leisure
Public Sector infrastructure
Housing (non student)
Student accommodation
VALUE JOB SPACES*
£1,447m 3,981TOTALS:
£21m
£29m
£132m
£98m
£200m
£55m
£28m
£101m
£537m
£248m
291
860
1,403
565
135
81
646
* Job Spaces = space for jobs. This is not necessarily NEW jobs created; some jobs will come from existing local businesses relocating to new or refurbished premises
21 29
Growing Momentum Behind Development & Investment
• £2.58bn total development value of regeneration projects currently on site (of which elements worth £1.09bn have been completed)
• £1.46bn of actual construction activity on site = 13,000+ construction jobs
• 4,000 new job spaces to be created by schemes currently on site
• Over 5,600 new homes currently on site
• 11 of the 12 new schools delivered in 4 years; the last one now on site
Moving Forward: The Future
• £10.5 billion worth of proposed investment:
– Liverpool Waters (£5.5bn)
– Knowledge Quarter “Project Paddington” (£1bn)
– £4bn other schemes with or seeking permission, or at pre-application stage
• The above includes:
– More than 20,000 new homes
– 40,000+ potential new job spaces in new offices/industrial/leisure/retail industries
13
21 3
5
6
10
87
14
15
12
MAYORAL DEVELOPMENT ZONES:
Stonebridge Cross
North Liverpool
Knowledge Quarter
Central Liverpool
South Liverpool
ENTERPRISE ZONES:
Liverpool Waters
Liverpool City Enterprise Zone
9
4
11
KEY SITES1.Liverpool Waters2.Stanley Dock3.North Liverpool Atlantic Gateway (inc Ten Streets)4.The Anfield Project: Walton Breck Road5.Pall Mall Exchange6.Kings Dock7.Cains Brewery Village8.New Chinatown9.Knowledge Quarter – Project Paddington10.Knowledge Quarter – Health Campus11.Lime Street Gateway12.Liverpool Innovation Park / Creative & Digital Campus13.Stonebridge Cross & Stonebridge Business Park14.Liverpool International Business Park15.Former Garden Festival Site
VALUE: £5.5 billion SITE AREA: 60haPROPOSAL: Major redevelopment with offices, 9,000 new homes, retail, leisure, visitor attractions, community facilities, and 2 new parks. Over 14,000 direct jobs possible.DEVELOPER: Peel
Liverpool Waters1
1
Stanley Dock2
2
VALUE: £80m+ SITE AREA: 5haPROPOSAL: Conversion of Tobacco Warehouse to 538 (typically 2 storey) apartments, public exhibition space, offices and car parking.
MORE TO COME: 100,000 sq ft of commercial floorspace; 2 new hotels in the Southern Warehouse
Neighbouring acquisitions to spread the regeneration
.
North Liverpool Atlantic Gateway (Ten Streets)3
VALUE: £100 million+ SITE AREA: 90ha+PROPOSAL: Mixed use zone with offices, light industry, retail trade counters, education/ training facilities, hotel and residential.
3
The Anfield Project: Walton Breck Road4
VALUE: £20-30 million SITE AREA: to be determinedPROPOSAL: Selective demolitions along Walton Breck Road to create new retail/leisure opportunities, homes and apartments. To transform the public realm with new open spaces for outdoor events.
4
Pall Mall Exchange5
VALUE: £100-200 million SITE AREA: 3.5haPROPOSAL: Commercial led mixed use development site with scope for 200,000 sq metres of office floorspace
5
King’s Dock6
VALUE: £30-50 million SITE AREA: 3.26haPROPOSAL: Leisure/ entertainment, hotel, restaurants, water based attractions and residential
6
Cains Brewery Village7
VALUE: £150 million SITE AREA: 2.5haPROPOSAL: Mixed use development with residential, food retail, hotel, leisure (cinema, cafes, restaurants) and light industrialDEVELOPER: Cains Brewery
7
New Chinatown8
VALUE: £200 million SITE AREA: 2.13haPROPOSAL: Leisure, retail, business and live/work spaceDEVELOPER: New Chinatown Development Company Ltd
8
Knowledge Quarter – Project Paddington9
VALUE: £1 billion+ SITE AREA: 106haPROPOSAL: Mixed use including new railway station, offices, 30 storey landmark building, hotel, retail, conference facilities and 27 acres of public realm
9
Knowledge Quarter – Health Campus10
VALUE: £300-500 million+ SITE AREA: Various sites over 50haPROPOSAL: Educational/research led development to include the £118 million Clatterbridge Cancer Centre. Liverpool Life Sciences Centre currently on site.
10
Lime Street Gateway11
VALUE: £39 million SITE AREA: not applicablePROPOSAL: New mixed use scheme with ground floor commercial, retail and leisure uses, 90 bedroom hotel and student accommodation. PROPOSAL: On site
11
Liverpool Innovation Park / Digital & Creative Campus
12
VALUE: £25-40 million SITE AREA: Various sites totalling 10.3haPROPOSAL: Mixed uses including offices, theatre school, film & television studios including refurbishment of the historic Littlewoods Building
12
Stonebridge Cross & sites at Stonebridge Business Park
13
VALUE: £60-70 million SITE AREA: Various sites totalling 31.2haPROPOSAL: Distribution warehousing, offices and light industry, wholesale fruit & vegetable market
13
Former Garden Festival Site14
VALUE: £100 million+ SITE AREA: 11haPROPOSAL: Predominantly residential with ground floor space for local shops, cafes and community facilities
14
Liverpool International Business Park15
VALUE: £30-40 million SITE AREA: Various sites totalling 10.11haPROPOSAL: Distribution warehousing, offices and light industry
15
13
21 3
5
6
10
87
14
15
12
MAYORAL DEVELOPMENT ZONES:
Stonebridge Cross
North Liverpool
Knowledge Quarter
Central Liverpool
South Liverpool
ENTERPRISE ZONES:
Liverpool Waters
Liverpool City Enterprise Zone
9
4
11
KEY SITES1.Liverpool Waters2.Stanley Dock3.North Liverpool Atlantic Gateway (inc Ten Streets)4.The Anfield Project: Walton Breck Road5.Pall Mall Exchange6.Kings Dock7.Cains Brewery Village8.New Chinatown9.Knowledge Quarter – Project Paddington10.Knowledge Quarter – Health Campus11.Lime Street Gateway12.Liverpool Innovation Park / Creative & Digital Campus13.Stonebridge Cross & Stonebridge Business Park14.Liverpool International Business Park15.Former Garden Festival Site