Historically both Liverpool and Manchester have faced severe economic decline and unprecedented levels of unemployment. However, over recent years both cities have been unstoppable. They have responded by investing in dramatic and ambitious redevelopment programmes of urban regeneration to revitalise, reshape and redesign the existing regions. Liverpool and Manchester are two of the most prominent cities at the heart of England’s Northern Powerhouse. Their main aims include boosting the economic growth and redistributing the national economy.
Since the turn of the millennium, both cities have undergone significant levels of investment leading to changing patterns in the property market. Liverpool is a strong city that has transformed into one of the UK’s leading business and leisure destinations, attracting young professionals and tourists from all around the globe. Similarly, Manchester has built on its industrial heritage. Once thriving cotton mills have been injected with new life in the form of student accommodation, upmarket bars, opulent restaurants and luxurious wedding venues. We aim to take a closer look at these two cities in terms of the extensive regeneration projects that are changing their potential of continued growth and strong prospects.