The Baltic Triangle is a historical industrial area with maritime connections. It has seen a significant transformation over the past two decades, starting in 2005 when it developed a live music scene thanks to venues like the New Picket.
The Foundation for Art and Creative Technology, a large arts venue, began hosting regular exhibitions in 2006, and Elevator Studios, established in 2007, transformed derelict warehouses into an institution in the music and tech space.
Several years later, Baltic Creative, with support from the City Council, transformed 18 former warehouses into a creative and digital hub, exclusively renting to those in the digital and creative industries, helping the area to keep its identity. The area has since continued to grow, with repurposed warehouses now being transformed into not only studios and creative spaces but also hotels and bars.
The Baltic Triangle is in close proximity to the North Liverpool dock area, which is currently undergoing a £5 billion regeneration project called Liverpool Waters. This includes the Princes Dock developments and Bramley-Moore Dock stadium, which is soon to be the new home of Everton Football Club.
The Baltic Triangle and North Liverpool dock area have been referred to as the ‘Baltic Rectangle’ by The Times, which named it as the best place to invest in property in the UK in 2024.
It’s no surprise that many property investors are turning to Liverpool for property investment opportunities, especially given that property prices are considerably lower than the national average and rental yields are higher.