Proposals have been unveiled by Liverpool City Council to regenerate a rundown area of Liverpool’s docklands into “Britain’s next great creative hotspot”.
The development will neighbour Peel’s £5.5 billion Liverpool Waters project and aims to attract artistic, creative and digital businesses to the area.
Known as the Atlantic Corridor Development Framework, the enterprise hub will span 27 acres and see many of the zone’s warehouse and dockside buildings converted into affordable commercial space to attracted occupiers.
The first phase of the framework has identified a zone, called the “Ten Streets”, which begins less than one mile from the city centre’s commercial district and runs to the Stanley Dock complex, itself undergoing a multi-million pound renaissance.
A recommendation to approve the Atlantic Corridor Development Framework will be put to the council’s planning department on October 14.
Joe Anderson, Mayor of Liverpool, says: “Liverpool’s Atlantic Corridor has the potential to become one of the jewels in the north of England’s economy. It’s been a sleeping giant for far too long and now thanks to work with partners such as Peel and Harcourt we have for the first time in generations a plan to resurrect its fortunes.
‘’In many ways the warehouses that fell silent with the changes in the docks fortunes are now its greatest asset as they are the perfect spaces for start-ups and emerging businesses in the digital and creative sector.
“There is much work to be done in establishing the Ten Streets as a brand and location, but the vision is there, the support is there from the city council and, crucially, the private sector to deliver something very special.’’
Source: http://www.movecommercial.com/enterprise-hub-planned-rundown-liverpool-dockland-area/
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