Liverpool regeneration has been huge for the city and the UK as a whole. However, while Manchester regeneration was helping to rebuild the city throughout the 90s, Liverpool development projects didn’t begin until the early 00s. In 2004, £1 billion was invested in order to kick-start Liverpool regeneration, and the city hasn’t looked back since. Liverpool’s many urban regeneration projects have benefitted the city significantly, with no signs of slowing down.
Having opened back in 2008, Liverpool One was the first pioneering project witnessed by the city. Forty-two acres of land was used for the Liverpool One regeneration scheme, bringing some big retail names such as John Lewis and Debenhams to the city, along with an Odeon cinema, leisure facilities, and office blocks. The Liverpool One regeneration project contributed massively to Liverpool’s economy, creating friendly competition for its neighbouring city, Manchester. The number of visits to Liverpool One reached a huge 13 million in just one year, while simultaneously boosting visits to the Liverpool Albert Dock to around 100,000 a week.
Opening in 1846, the Albert Dock is one of Liverpool’s most prominent landmarks. The docks thrived for half a century, but by 1900, became too small for the large iron and steel steamships to operate. This highly acclaimed site was given a Grade 1 listed building status, along with being named a conservation centre as well as a UNESCO World Heritage Site.
Liverpool development projects on the Albert Dock began in 1983, resulting in the 1.3 million square feet of mixed-use land we have today. A number of fantastic attractions reside in the Albert Dock, including the famous Liverpool Tate gallery, along with a host of trendy restaurants and bars, retail spaces, and residential property developments.
Liverpool Waters is one of the most adventurous projects, and a big topic of interest when it comes to discussions on Liverpool regeneration in 2018 and 2019. Situated on Liverpool’s northern docks, Liverpool Waters is a £5.5 billion project set to transform the city’s waterfront. Around 1.2 million square metres of property and 15,000 hectares of land and water will be redeveloped through this project, bringing new attractions and housing to the city. Not only will Liverpool Waters benefit residents of Liverpool, but it will also boost the economy and increase investments.