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25 May, 2019

Liverpool Waters Development

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    Liverpool Waters - One of the Most Exciting Liverpool Development Projects

    Liverpool Waters is a combination of two million square metres of land, £5.5 billion of investment and a revolutionary vision for the city and Liverpool development as a whole.

    The Liverpool regeneration scheme aims to redefine the city’s hotspot waterfront district into a multi-use destination uniting business, residential and leisure facilities.

    Combining outstanding architecture and design with innovative creativity, this regeneration of Liverpool docklands will create one of the most exciting new building projects in Liverpool.

    Liverpool regeneration has been happening throughout the city for the last few years, becoming more common as time goes on.

    The city has recently made a name for itself as a key UK regeneration hotspot, and the Liverpool waterfront development – Liverpool Waters – is set to increase the appeal of Liverpool as a place to live and invest.

    The project has a lot of meaning for the city, and Liverpool Waters is slowly becoming a waterfront to the world with a beautifully designed skyline envied by other neighbouring cities throughout the UK.

    If you’re interested in finding out more about one of the most anticipated new Liverpool development projects, keep reading for more information.

    Liverpool Waters

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    What is Liverpool Waters?

    The Liverpool Waters development is a regeneration scheme worth over £5.5 billion that started construction in 2018.

    A part of ongoing Liverpool regeneration, the project aims to utilise a series of derelict docks along the Liverpool waterfront and bring about innovative residential, commercial and retail units.

    The project will make use of multiple docks including Liverpool Waters Clarence Dock and the new home of Everton Football Club, Bramley Moore Dock.

    The Liverpool Waters development vision places emphasis on its multi-use nature.

    Aspiring not only to cater to commercial office space but also residential accommodation and an eclectic display of leisure facilities.

    The Liverpool regeneration hotspot has been branded a location for people to live, work and play.

    This is particularly true for young professionals looking at residential rental properties to live in, as the likes of the Liverpool Waters Clarence Dock provide a great place to reside while working in the city centre.

    Liverpool Waters

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    The History of the Liverpool Waterfront

    Liverpool is renowned for its vast and historic waterfront.

    The city anchors itself on its prevalent maritime heritage, which stems from Liverpool’s status as a global trading port.

    A significant player in the growth of the British Empire, Liverpool’s historic docklands boasted a means of transporting people and commodities across seas to every corner of the world.

    Innovative techniques, superior dock facilities and the breath-taking building projects in Liverpool set it apart from any other trading terminal on the planet.

    Industry has always been another key component in Liverpool’s past.

    Home to a major port, many offices worked to organise trade and shipping while warehouses were utilised to manufacture materials for the boats.

    Plans detailing the Liverpool Waters development scheme show the waterfront and various docks being rejuvenated and used by young professionals as well as others living in the inner city, despite once being forgotten about.

    In 2004, Liverpool was deemed a UNESCO World Heritage site from the waterfront along the Royal Albert Dock up to the Ropewalks and the Georgian Quarter area of the city.

    The city’s bid for this heritage status was centred around its global influence and maritime history.

    Due to the nature of the Liverpool Waters regeneration, the proposed plan focused on being sensitive towards the site’s status as well as maintaining but augmenting the waterfronts valuable legacy.

    Liverpool skyline

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      What’s Planned for the Liverpool Waters Development?

      Throughout the Liverpool Waters development plan, it is detailed that modern developments will accompany structures such as the Dock Boundary Wall and the Victoria Clock Tower which commemorated the opening of Salisbury Dock in 1848.

      In fact, the latest Liverpool Waters news expresses Liverpool waterfront development plans to utilise the famous dock wall as a contemporary entrance into Princes Dock without jeopardising its inimitable heritage.

      In a testament to the waterfront’s past, Liverpool Waters will breathe life back into the now partially run-down dockland zones with the introduction of innovative landscaping and sophisticated building design gifting the city the hugely respectable investment worth over £5 billion of well-deserved regeneration.

      Much of the recent Liverpool regeneration and Liverpool redevelopment plans have seen the city become more modern while still paying tribute to its past through reviving old and historic buildings.

      The plan of this Liverpool waterfront development allows the city to reach new heights in terms of professional and housing growth, while contributing to the growth and regeneration of Liverpool.

      Liverpool Waters will comprise five distinct neighbourhoods that will join Liverpool’s already extensive property portfolio of new building projects in Liverpool, creating over 9,000 spectacular waterfront apartments overlooking the River Mersey.

      The exciting Liverpool redevelopment project will be divided up into distinctive phases that will complete at different times.

      Phase one of the project started in 2018 with many others following suit.

      Since the £5.5 billion project first joined the list of new and exciting building projects in Liverpool, it instantly started turning heads with many eagerly awaiting the Liverpool waterfront development.

      Liverpool Waters

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        Who is Developing Liverpool Waters?

        A healthy 30-year time slot has been dedicated to completing most of the construction of this Liverpool redevelopment scheme, with The Peel Group heading up project management.

        The group behind the Liverpool Waters development scheme leads the way for property development in Liverpool, the UK, and across the globe, with a specific interest in North West locations.

        The Peel group will be responsible for redeveloping a total of 1.2 million square metres of property, plus 15,000 hectares of land and water.

        Their latest redevelopment projects have proven a great success, with the developers having a track record of constructions such as MediaCityUK, L2 Superport and Liverpool John Lennon Airport.

        Many of these highly anticipated projects have become a key part of regeneration in Liverpool throughout the last decade, and The Peel Group has been at the forefront of all the action.

        Unsurprisingly, the group is also working on the neighbouring regeneration of another Liverpool waterfront development project, Wirral Waters, aiming to grace Merseyside’s main channel with a stunning skyline through sustainable infrastructure.

        The Liverpool Masterplan prioritises the accessibility of the iconic waterfront zone with the Ocean Gateway vision being rolled out over the next 50 years across the North West.

        There is a high focus on ports, leisure, residential and commercial Liverpool development projects, and renewable energies moving forward into the next decade.

        These features are placed at the forefront of all the Liverpool regeneration happening throughout the city, including Liverpool Waters.

        Development

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          Princes Dock

          Princes Dock is one of the five neighbourhoods and is already an integral part of the Liverpool Waterfront.

          These high-quality residential developments will sit alongside office space, hotel and leisure facilities, as well as a cruise liner terminal.

          Despite original plans to have one of the largest residential buildings in the UK modelled on Shanghai Tower at this site, the neighbourhood will now feature three smaller yet modern apartment blocks.

          Central Dock

          Nestled in the heart of the Liverpool Waters development plan, the Central Dock will be the beating heart of Liverpool regeneration for years to come.

          Unique business spaces and creative hubs standing alongside entertainment and leisure units make for a highly anticipated aspect of this scheme.

          This Central Docks Liverpool Waters location is already a popular spot for music festivals and events such as Creamfields Steelyard and Sound City.

          It is thought that the regeneration will add something extra to the much-loved location.

          Within the plan for Liverpool Dock regeneration, there is expected to be a large public park within the Central Docks Liverpool Waters area.

          The likes of Quay Central and Waterloo Quay currently stand in this neighbourhood, and there are also plans for the Isle of Man ferry terminal to be introduced soon.

          LIVERPOOL, UNITED KINGDOM - Apr 03, 2019: A beautiful view of the modern regeneration of Princes Dock in Liverpool, UK

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            Clarence Dock

            A vibrant and exciting aspect of the Liverpool Waters, Clarence Dock is anticipated to be an unrivalled waterfront feature welcoming a community of around 3,000 homes woven into the historic docklands.

            This neighbourhood adjoins Liverpool Waters to the refurbished Titanic Hotel via the historic Bascule Bridge.

            Planning permission for Liverpool Waters Clarence Dock detail over 5,000 square metres of retail space as well as 8,000 square metres of restaurants and bars.

            OCTOBER 27 2017, LIVERPOOL ENGLAND. The old dock gates at Clarence Graving Dock that was built in 1848 at Liverpool, UK.

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              Northern Docks

              Consisting of Bramley Moore and Nelson Dock, the Northern Docks neighbourhood is set to see one of the biggest changes of all throughout this Liverpool regeneration plan.

              Bramley Moore Dock is set to be home to Everton Football Club, and their new revolutionary football stadium was approved by Liverpool City Council a few years ago.

              Expected to open for the 2024/25 season, the world-class sports stadium, along with more restaurants and bars as well as retail space, is set to boost Liverpool’s economy and offer tourist attractions for international visitors.

              An additional marina at the head of Northern Docklands will be home to revolutionary ‘floating’ retail units and apartments while leaving room for the finest samples of food and drink in Liverpool.

              Bramley Moore Dock - Everton FC

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              King Edward Triangle

              Seamlessly connecting Liverpool Waters and the city centre’s commercial district, Kind Edward Triangle is set to be a highly anticipated leg of the Liverpool regeneration plans.

              The neighbourhood will be within proximity to the new Liverpool Cruise Liner terminal, bringing an increased number of visitors to the area.

              It will also be home to hundreds of residential apartments and businesses, creating an enterprise zone and hub for professionals.

              Liverpool, Merseyside, UK - Feb, 28 2021. Grade II Listed Bramley Moore Dock, Liverpool.

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              Liverpool Regeneration Set to Boost Property Investment and City's Economy

              Liverpool is already a city that is rich with investment opportunities, and the latest news infers that it’s the best UK city for rental yields and capital growth.

              The proposed plans for Liverpool Waters are helping to raise the city’s profile in the property investment world and igniting excitement in many UK and international investors.

              It’s not only the Liverpool Waters development plans that present exciting opportunities for residential properties.

              Those in the surrounding areas which are not officially considered a part of the Liverpool Waters site will still benefit from the scheme’s construction.

              Developments on neighbouring docks are assuring excellent rental returns due to planned nearby facilities and the overall reputation of Liverpool as a front-runner for innovation and rejuvenation.

              Regenerating Liverpool has proved a huge task but something that will be beneficial for the whole of the city in years to come.

              Liverpool, UK, 14 ‎July ‎2021, A cruise ship at Liverpool port in the summer

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                Liverpool’s growing population is working alongside an undersupply of housing to create perfect market conditions.

                A large proportion of city centre residents are thought to be between the ages of 17 and 29, which taps into the two major markets in the form of young professionals and ‘generation rent’.

                These ideal tenants will flood to the city after getting wind of the latest Liverpool Waters development news, in a bid to be part of something spectacular before the opportunity passes.

                If you’re a property investor interested in learning more about the Liverpool property investment opportunities we offer at RWinvest that surround the plans for Liverpool Waters, get in touch with us by calling or emailing to find out about our exciting new developments in Liverpool.

                It’s an exciting and prosperous time for Liverpool regeneration and the Northern powerhouse city as investment thrives and the economy continues to skyrocket.

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                Reece Pape

                Reece Pape is a property writer at RWinvest. Reece is passionate about keeping property investors updated on must-have information and housing market news, utilising the latest property market statistics and data.

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