LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool

LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
                              March 2019 Prospectus

LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
Liverpool has an exciting future with £14 billion
worth of investment in the pipeline. Come and
join in.
Our world renowned waterfront city – a city that has a worldwide reputation for
excellence - is currently attracting more investment than at any previous time in its
history. Development activity is running at over £1 billion each year, creating jobs,
opportunities, and building new homes.

We’re building a city with aspirations to become the most business-friendly location
in the UK. We are excelling in key industries such as digital and creative. We have
one of the UK’s most significant clusters of bio-sciences and a growing logistics
industry located right next to the country’s newest deep water freight container
terminal. We have a leisure and culture offer that not only draws in visitors from our
own region but also nationally and from all over the globe.

With a pipeline of £14 billion worth of schemes, there are several opportunities for
investors to become involved, and for future end users to influence the type of
buildings they want.

This brief guide highlights some of the major schemes being led by Liverpool City
Council that are happening right now or are planned, and for which investors are
being sought.

For more information about these and other opportunities we can help you with,
please visit our website

                                                                                                     IMAGES OPPOSITE
                                                                                          (TOP): PROPOSED – PALL MALL
                                                 (BOTTOM): ON SITE - ROYAL COLLEGE OF PHYSICIANS, PADDINGTON VILLAGE


LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
We Are Liverpool
With a global perspective, world famous brands and exceptional economic
strengths, Liverpool is recognised as one of the UK’s leading business
destinations. We are at the centre of the UK’s second largest regional
economy with access to 6 million customers. Our regional economy is worth
more than £149 billion with 236,000 businesses. We are home to global Fortune
500 companies complemented by a large, diverse base of innovative SMEs
and start ups. Businesses are attracted to Liverpool by market opportunities, a
low cost base, international connectivty and an outstanding quality of life.

We are ranked No. 1 in the UK for both entrepreneurship and business growth,
and renowned for our cutting edge technology and R&D. We top the
Northern league tables for business innovation. There is no shortage of talent
either, with 6 million people within the travel to work catchment and 12
universities across the Liverpool City Region producing nearly 80,000 graduates
per year.

Liverpool offers investors possibilities across a broad range of
industry sectors including financial and professional services,
low carbon, digital and creative industries, advanced
manufacturing, life sciences, logistics and leisure. Major
investors include Astra Zeneca, BNY Mellon, Jaguar Land
Rover, Maersk, Siemens, Sony and Unilever. We also
have the unique brands of Liverpool Football Club and
The Beatles.

Liverpool continues to change and attract
investment. In the last 5 years the City has attracted
over £5 billion of physical investment even through a
time of austerity. The scale and quality of the City’s
transformation has been of
international significance. There
are no plans to stop however,
and exciting opportunities
have been identified
to sustain the

LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
Why Invest in Liverpool?
Liverpool is a world class, internationally recognised
city enjoying a renaissance. Now attracting over
£1 billion a year in investment, it is continually showing
how it is a city that is open for business. We are looking
for key investment partners to drive forward the City’s
economy and deliver a range of diverse major projects.

We are open to a range of investment approaches and
structures including but not limited to joint ventures, equity,
funding, contractor delivery, acquisitions and hybrid models as
appropriate to the relevant financial investment including returns
both short and long term. The City will also prioritise delivery and
act as a wider facilitator where required, utilising its legal powers under
land and property compulsory purchase, and subject to legislative requirements.

In addition to the above, we would be able to offer a range of incentives that include:

FUNDING                                               PROPERTY INCENTIVES
There are a variety of funds available to             Liverpool offers some of the highest levels of
businesses who are looking to invest or expand        property incentives in the UK, with potential for
within the Liverpool City Region. The funding is      significant rent free periods on office
delivered locally ensuring rapid appraisal,           accommodation. Combine this with some of the
rapid decisions and rapid results. It’s the way       lowest real estate prices and Liverpool offers an
we do business here.                                  extremely cost effective solution.

We can connect you with a wide variety of
funding options available in this area.
                                                      LIVERPOOL IN LONDON
Whether it be loan, investment, crowdfunding,         Liverpool in London is a base for Liverpool’s
invoice finance or asset finance, whatever            businesses who want to benefit from a London
your needs may be, we can introduce you to            location to network and secure business
the right funding products for your business.         opportunities, without the significant cost
                                                      associated with a London address. Liverpool in
                                                      London membership puts you and your business
RECRUITMENT & SKILLS INCENTIVES                       at the heart of the capital, helping you to
                                                      secure deals in this vast marketplace.
Investing in skills is essential to any company’s
future growth. Grants are available to support        Membership provides you with a London
the recruitment of apprentices.                       address, virtual office service, hot desk, access
                                                      to meeting and event space, membership to
We can offer invaluable business support for          the London Chamber of Commerce & Industry,
recruitment and training through our ‘Liverpool       discounted accommodation rates and more.
Work’ programme. The scheme provides a
dedicated account manager for your                    LAND ACQUISITION ASSISTANCE
company, offering a wide range of
recruitment services free of charge.                  We can support a scheme with the use of our
                                                      legal powers to acquire land and property
                                                      compulsorily to facilitate site assembly where this
                                                      is a significant economic benefit to the City,
                                                      making Liverpool an attractive choice for

LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
We can help you in several ways:

Our Property & Asset Management Team has a database of sites and premises that are in Council
ownership and which may be easily available for development. In addition, we can assist with
land acquisition and use Compulsory Purchase Orders where this may be necessary for sites not in
our ownership.

In some cases, we can guide you through the maze of funding grants that could assist in site
assembly, renovating historic buildings, or even where there are incentives such as reduced
business rates or rents if you bring your business to certain parts of Liverpool.

Our Planning and Conservation Teams can help you through the planning application process,
including finding solutions to working with historic buildings that we are keen to see preserved and
brought back into sustainable use.

Our Building Control Team can ensure that your building works are adequately designed, and
correctly constructed by your building contractors, and can organize the required certification of

Our Employment Team can assist in liaising with Job Centres to find suitable employees for your
business, including researching and finding training courses where necessary to ensure that your
employees have the rights skills that you seek.

Claire Slinger
Assistant Director, Investment & Development
Tel: 0151 233 0262
Email: Email:
Twitter: @regen_lpool

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LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
8 7
                   6           3
                   2      4          11



                                                      1    Liverpool Waters & Ten Street
                                                      2    Kings Waterfront & Baltic North
                                                      3    Knowledge Quarter – Paddington Village
                                                      4    Upper Central
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Ordnance Survey 100018351
                                                      5    Festival Gardens
                                                      6    Pall Mall Exchange
                                                      7    Fabric District
                                                      8    Pumpfields
                                                      9    Baltic Creative & Baltic South
                                                      10 Garston Village
                                     LIVERPOOL’S INVESTMENT   Liverpool| Innovation
                                                                          Page 8      Park
LIVERPOOL'S INVESTMENT OPPORTUNITIES - March 2019 Prospectus - Regenerating Liverpool
1. Liverpool Waters & Ten Streets
                                                          Amongst the proposed uses are:
                                                             7,700 sq m / 82,870 sq ft of restaurants, cafes
The most ambitious regeneration project of its                and convenience retail
kind anywhere in the UK, Liverpool Waters                    57,100 sq m / 614,600 sq ft of businesses
comprises 21.5 million sq ft of mixed use                    300,000 sq m / 3,229,200 of Grade A office
floorspace and a potential investment value of                space
£5.5 billion. The scheme will regenerate a 148               14,900 sq m / 160,400 sq ft of hotels
acre historic dockland site to create a world class,         88,500 sq m / 950,000 sq ft of residential to
mixed use waterfront quarter for the City. The                provide up to 1,200 homes
scale of the development and its ambitious 30 year
vision make Liverpool Waters one of the most              Liverpool Waters currently has interested parties
important waterside regeneration and investment           seeking to develop:
opportunities in Europe.
                                                             proposed £70 million Cruise Liner Terminal by
The Ten Streets area sitting next to Liverpool                the City Council
Waters is a zone of historic warehouses and semi-            hotel enquiries for two sites
redundant industrial buildings. Acting as a link             proposed new £30 million ferry terminal for
between Liverpool Waters, North Liverpool and                 the Isle of Man ferry
the City Centre, it will provide the opportunity to          potential £500 million football stadium for
deliver something new and different to Liverpool’s            Everton Football Club
Northern City Fringe – an emerging and vibrant
creative quarter that will drive future prosperity        The Ten Streets area has significant scope for new
and enhance the City’s status as an international         development of its existing grid of streets, blocks
destination with a unique offer and character.            and historic warehouses. Covering over 25 acres, it
                                                          will be transformed into a more diverse
Opportunity                                               employment led neighbourhood with a wider
                                                          choice of start up space to support existing
Liverpool Waters will include mixed uses                  businesses and enable expansion. It will attract
incorporating offices, visitor attractions, retail and    new businesses in key growth sectors, particularly
leisure, education and community as well as               the artistic/creative sectors, and facilite the
significant residential development. Its first four       creation a Cultural Enterprise Industry Hub.
major schemes totalling £200 million to bring
almost 1,000 residential units for the Private
Rented Sector commenced on site during 2018.

                               LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 9

                                                                                  QUICK FACTS
               Proposed                                                            LOCATION:               Liverpool waterfront, Liverpool
                football                                                                                   City Centre
                                                                                   TOTAL ZONE AREA:        85 hectares / 210 acres
                                                                                   MAIN DEVELOPER:         The Peel Group
                                                                                   SUITABLE USES:          Office / Commercial /
                                                                                                           Residential / Hotels / Leisure /
                                STANLEY                                                                    Visitor Attractions / Education &
                                 DOCK                                                                      Training / Community Uses / Light
                                                                                                           & General Industry
                                                                                   PLANNING STATUS         Outline planning consent for 18.3
                      TEN                                                          (LIVERPOOL WATERS)      million sq ft of mixed use
          LIVERPOOL STREETS                                                                                floorspace.
                                                                                                           Detailed planning consent
            WATERS                                                                                         obtained for 80,000 sq ft office
                                                                                                           space, currently seeking
                                                                                                           substantial pre-let to begin
                                                                                   PLANNING STATUS         Development Framework
                                                                                   (TEN STREETS)           Document endorsed in October
                                                                                                           2016 with Masterplan for
                                                        PUMPFIELDS                                         comprehensive development in
                                                                                   LAND OWNERSHIP          Mostly Peel Land & Property
                                                                                                           (Liverpool Waters). Ten Streets is
   Proposed Isle                                                                                           a mix of private ownerships.
   of Man Ferry
     Terminal                                                                      POTENTIAL               £6 billion
        Proposed new
         cruise liner                                                              DELIVERY                Phase 1 Liverpool Waters
           terminal                                                                TIMESCALE               commenced early 2018.
                              PRINCES                                                                      Total development estimated to
                               DOCK                      LIVERPOOL                                         take place between 2018 and
                EXISTING                                                                                   2035
              CRUISE LINER                              CITY CENTRE
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2. Kings Waterfront & Baltic North
                                                            apartment block comprising of 102 apartments as well
Overview                                                    as a significant package of public realm works.
Since 2000, over £550 million has been invested in          Baltic North is currently seeing investment in
regenerating Liverpool’s waterfront. This investment        residential accommodation for the private rented
has provided a state-of-the-art arena, convention and       sector in an area also enjoying views of the waterfront.
exhibition centre, new hotels, Grade A office space,        The £32 million Baltic Village completed in early 2017,
temporary cruise liner terminal, canal, Mersey Ferries      whilst a further £200 million worth of additional
terminal, museums, apartments, restaurants and              residential schemes have planning approval for this
bars. Liverpool World Heritage Site waterfront is now       popular location sandwiched between Kings
home to the City’s premier culture, leisure and             Waterfront and the Liverpool ONE shopping/leisure
tourism destinations.                                       district.
Kings Waterfront represents the final piece in the
jigsaw of the City’s waterfront regeneration                Opportunity
programme. Most of the 25 acre site is owned by the         A development partner is being sought for the 8 acre
City Council, with some £100 million worth of               site at Kings Waterfront which offers scope for a £50 -
development already completed including the new £40         £100m mixed use commercial led development to
million Exhibition Centre Liverpool and the £26 million,    include leisure, food/retail, hotel, restaurant, cafes,
200 bedroom Pullman Hotel built next to the existing        bars, water-based attractions, offices and residential
Arena & Convention Centre Liverpool. A new £26              apartments in a high quality public realm that will use
million multistorey car park with 1,640 spaces              the site to its best advantage and deliver a world class
commenced on site in February 2019. In addition, the        destination development.
Contact Centre has been announced as the tenant of a
                                                            Baltic North has several significant sites and
£20 million office building that will bring 1,500 jobs to
                                                            development opportunities, including the soon to be
the site, whilst further plans have also been brought
                                                            vacated police headquarters on The Strand. Further
forward for a mixed use development that includes an
                                                            sites include the Kings Dock Street Industrial Estate
Interpretation Centre, another 900 space multi-storey
                                                            offering 6.8 acres with a prime frontage onto Wapping,
car park with ground floor commercial use, a 6 storey
                                                            the main highway linking the City Centre with South
                                                            Liverpool and Liverpool John Lennon Airport.

                               LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 11

                                              ONE             ROPEWALKS   QUICK FACTS
                                     Police HQ                             LOCATION:           Kings Waterfront and Baltic
                                                                                               North area, Liverpool City
         ALBERT                                                                                Centre
                                                                           TOTAL ZONE AREA:    30 hectares / 74 acres

                                                  BALTIC                   MAIN DEVELOPER:     Seeking development partners
                                                  NORTH                                        for several major opportunities

                                                                           SUITABLE USES:      Residential, Leisure, Public
                 ARENA &                                Kings Dock                             Exhibition Space, Hotels, Light
               CONVENTION                            Street Industrial
                  CENTRE                                  Estate                               Industry, Commercial, Education

                                                                           PLANNING STATUS     Several sites already with
                                                                                               planning permission granted
                                                                                               for residential schemes (PRS)
                                                                                               and hotels.
                       CENTRE                                              LAND OWNERSHIP      Kings Waterfront 3.2 ha / 8
                                                                                               acres owned by the City
                              KINGS                                                            Council is immediately
                            WATERFRONT                                                         available. Other sites in mixed
                                                                                               private and public sector

                                                                           POTENTIAL           £800m to £1 billion

                                                                           DELIVERY            2017 - 2028
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                                              LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 12
3. Knowledge Quarter – Paddington Village
                                                            office building for the Royal College of Physicians;
                                                           Kaplan are building Liverpool International
This £1 billion flagship expansion site sitting at the      College’s new £35 million facility that will include
eastern gateway of the City Centre’s Knowledge              259 student beds alongside teaching and office
Quarter has been earmarked as 1.8m sq ft of                 space;
science, technology, education and health space.
                                                           Rutherford Cancer Centre North West, a new £35
The 30 acre site presents a significant opportunity         million facility that will be able to treat up to 500
of national significance with a commercial focus            patients a year with proton beam therapy; and
on Life Sciences, Medical and Knowledge industry
                                                           Rutherford Diagnostics Centre, a new £20 million
led development. Located at the heart of the
                                                            facility that will be the first in a network of
City, the scheme will create a destination of
                                                            centres, and will address the significant shortage
choice for primarily research, education, health
                                                            of diagnostic provision in the UK resulting in
and science related business and institutions
                                                            patients waiting weeks for test results.
capable of creating upwards of 10,000 new jobs.
Inspired by the sense of community found in
places such as Greenwich Village in New York, it
will be a great place to live, work, discover and
socialise; and with state-of-the-art workspace,
                                                         As the owners of the land, Liverpool City Council is
laboratories, cafes, restaurants, shops,
                                                         working closely with a range of organisations and
accommodation and events space.
                                                         existing and potential new tenants to secure new
Paddington Village is being developed in three           business and job creating opportunities at the heart
phases: Paddington Central, South Paddington             of the site. A Strategic Framework Document has
and North Paddington. Construction on                    been adopted, providing a detailed masterplan for
Paddington Central commenced in 2017 with a              Paddington Central, which includes ten
£12 million programme of infrastructure works.           development plots, significant public realm and
At the start of 2019, no less than four of the major     greenspace, and a multi-storey car park.
schemes are currently on site at Paddington
Central. These are:                                      Amongst proposals coming forward are a new hotel
                                                         and some residential accommodation.
  “The Spine” a £35 million 14 storey 175,000 sq ft

                                LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 13



                                                                          QUICK FACTS
                                                                           LOCATION:             Knowledge Quarter, Liverpool
           ROYAL                                                                                 City Centre
         UNIVERSITY                                                        TOTAL ZONE AREA:      12 hectares / 30 acres
                                                                           MAIN DEVELOPER:       Liverpool City Council seeking
                                                                                                 investment and development
  UNIVERSITY OF                                                                                  partners
   ENGINEERING                                                             SUITABLE USES:        Residential, education and
     CAMPUS                                                                                      commercial uses – especially life
                                                                                                 sciences and healthcare
                               CENTRAL                                     PLANNING STATUS       Spatial Regeneration
                                                                                                 Framework approved in
                                                                                                 January 2017

                                                                           LAND OWNERSHIP        Mostly Liverpool City Council
     LIVERPOOL                                                             POTENTIAL             £1 billion
     MATERIALS                                                             DEVELOPMENT
    INNOVATION                                                             VALUE
                                                                           DELIVERY              2017 - 2027

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                                             LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 14
4. Upper Central (formerly Knowledge Quarter Gateway)
                                                          1,000 jobs and 300 businesses, creating an ecosystem
Overview                                                  of companies involved in sensor-related technologies,
Upper Central sits to the immediate south of Lime         providing accommodation and rapid prototyping
Street Station, and forms the south western border of     support.
the Knowledge Quarter where it meets the City’s
Main Retail and Ropewalks areas. It therefore acts as
a key link between the universities and the
shopping/leisure areas with high levels of pedestrian
traffic crossing between the two.                         Augur have taken over from Merepark as developer
Liverpool City Council recently completed its £39         for the remainder of what was previously known as
million Lime Street Gateway project that includes a       Central Village and is now rebranded as the Circus
101 bedroomed Premier Inn Hotel alongside a 412           Development. Plans to complete the redevelopment
bedroom student accommodation block and ground            of the Lewis’s Building and adjacent sites – along with
level retail/leisure/commercial units including a Lidl    the Central Station Shopping Centre which the
store. Earlier in 2016, Merepark transformed the          Council purchased in 2017 – with further retail,
former Lewis’s Building into Adagio Serviced Apart-       leisure and residential accommodation are currently
ments, whilst a portion of the building was linked to     being finalised.
the adjacent Watson Office Building as “The               Liverpool John Moores University has revealed plans
Department” which featured 75,000 sq ft of new            to build a £64 million stduent campus that will
office space, much of which was immediately taken         include a student life and sports building on the site
by the Liverpool NHS Clinical Commissioning Group.        of the former Copperas Hill Post Office Building. Its
In the north-west corner of the zone, Sensor City         1.4 hectare site will be developed in two phases as
opened in November 2017 as a global hub for the           part of a wider masterplan across the LJMU estate.
development of sensor technologies. Backed by the         Suitable uses for sites within the area include
University of Liverpool, Liverpool John Moores            educational uses, leisure, public exhibition space,
University, the Department for Business, Energy and       offices, digital and creative industries, medical
Industrial Strategy (BEIS), and European funding, the     research institutions, hotels, residential and student
£15 million facility has a long term target of creating   accommodation.

                               LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 15

                                                                      PROPOSED: LJMU CAMPUS EXTENSION

        CULTURAL                                                                  QUICK FACTS
                                                                                    LOCATION:           Knowledge Quarter, Liverpool
                                                                                                        City Centre

                                                                                    TOTAL ZONE AREA:    22.6 hectares / 56 acres

                                                                                    DEVELOPER:          Seeking development partners
                                LIME ST
                                                                                                        for several major
ST JOHN’S                                                                                               opportunities
 CENTRE                                                                             SUITABLE USES:      New education and academic
                                                                                                        uses, digital, tech and bio-
                       LIME ST                                                                          technical facilities, residential
                      GATEWAY                                                                           accommodation, commercial
                                                     EXTENSION                                          and leisure/hotel offer

                                    ADELPHI                                         PLANNING STATUS     A Strategic Regeneration
                                     HOTEL                                                              Framework (SRF) currently in
                                                                                                        preparation which will help
                                                      MOUNT                                             deliver the regeneration and
                                                   PLEASANT MS                                          development of the area.
                                                     CAR PARK
                   “CIRCUS”                                                         LAND OWNERSHIP      Mount Pleasant Car Park
                                                                                                        (Liverpool City Council), Circus
                                                                                                        (Augur) plus other multiple
                                                                                                        private owners
                                                                                    POTENTIAL           £600 million to £800 million
         ROPEWALKS                                                                  DEVELOPMENT

                                                                                    DELIVERY            2017 – 2027+
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                                              LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 16
5. Festival Gardens
                                                         The Development Zone currently has outline
Overview                                                 planning consent for 1,380 residential units with
The International Garden Festival ran from May-          ancillary commercial facilities, which is valid until
October in 1984 and welcomed 3.5m visitors. It           December 2022.
continued in leisure use until 1996, but then closed
to the public. The gardens were refurbished and
brought back into use in 2012. The City Council
regained full control of the site in 2015.               Opportunity
The 100 acre Festival Gardens site is made up of         ION and Midia have formed a joint venture company
three areas (28 acre Development Zone, 25 acre           to develop a masterplan for the residential-led
Gardens & 47 acre Southern Grasslands). It is            redevelopment of the Development Zone, supported
located in a prime waterfront location on the River      by a number of strategies, including remediation and
Mersey within 3 miles of Liverpool City Centre. The      funding strategies. The vision is to deliver 1,500 new
intention is to facilitate regeneration with a vision    homes in a range of types and tenures, supported by
for a new mixed-use, sustainable neighbourhood           retail, leisure and community uses, and a high-quality
set amongst an enhanced parkland setting.                public realm.
Festival Gardens was presented at MIPIM 2017 and
                                                         The objective for the Gardens and Grasslands is to
features in the Department for International
                                                         create a destination leisure offer of a scale and offer
Trade’s Northern Powerhouse Investment Portfolio.
                                                         that will create national draw, while working with the
The Council has been in discussion with prospective
                                                         natural environment and opening up the site for
investors, developers and operators in respect of
                                                         public recreation use. The Council has undertaken a
future residential and leisure development.
                                                         soft market test on a potential leisure development,
Detailed site investigations have been undertaken        seeking expressions of interest from prospective
on the Development Zone and are now underway             investors, developers and operators. The Council are
on the Gardens and Southern Grasslands. This will        reviewing feedback and will consider other
determine site composition and inform remediation        complementary leisure proposals for the Gardens
strategies for future development.                       and Southern Grasslands.

                               LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 17
                                                                           LOCATION:           Festival Gardens, off Riverside

                                                                           TOTAL SITE AREA:    40 hectares / 100 acres

                                                                           DEVELOPER:          Seeking leisure development

                                                ST MICHAEL’S
                                                                           SUITABLE USES:      C3 Dwellings, A1/A2/A3/A4
                                               MERSEYRAIL STN                                  ancillary retail, food & drink, C1
                                                                                               hotels, C2 residential institutions,
                                                                                               D1 medical facilities (subject to
                 DEVELOPMENT                                                                   planning)
                                                                           PLANNING STATUS     Outline planning consent
                                  FORMAL                                                       previously granted for 1,038
                                  GARDENS                                                      apartments and 66 town houses,
                                                                                               expires December 2022.
                                                    GRASSLANDS             LAND OWNERSHIP      Liverpool City Council

                                                                           POTENTIAL           £150 million to £400 million

                                                                           DELIVERY            2019 - 2029

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                                              LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 18
6. Pall Mall Exchange
Overview                                                    Opportunity
Pall Mall is a prime 3.6 hectare City Centre site and a     Phase I (1.2 hectares) is in LCC ownership and adjoins
fabulous opportunity to develop approximately 2             the former Exchange Station. A development partner
million square feet of high quality development,            has been selected, and their planning application for
including substantial amounts of Grade A office             office-led redevelopment can accommodate circa
space. This will help to facilitate the expansion of        400,000 square feet of new Grade A office
Liverpool’s Commercial Business District and further        accommodation in four new buildings with ancillary
the City’s ability to grow its professional and financial   leisure and retail uses, and a high quality public
services sector.                                            realm.

Liverpool’s commercial office sector has undergone a        Phase 2, the northern part of the site is owned by a
steady transformation. The £120 million St Paul’s           third party and represents a second phase of a wider
Square development established a new commercial             masterplan which will see the creation of more
quarter in the City, drawing new and existing               offices and a mix of other uses. This could include
businesses including Hill Dickinson, Investec,              further retail and leisure uses, a hotel, multi-storey
Santander, Allied Irish Bank, HBOS, DWF, Weightmans         car park and residential development of circa 1,500-
and Maersk. This was ten years ago and significant          2,000 new homes, set in a high-quality public realm.
take-up has led to a very limited supply of Grade A
                                                            The Council is in the process of producing a Strategic
office space being available in the City Centre. The
                                                            Regeneration Framework, in liaison with key
City Council recognises that the availability of Grade A
                                                            stakeholders, to guide the managed expansion of the
office accommodation is fundamental to the future
                                                            wider City Centre Commercial District with the
economic growth of the City when competing in a
                                                            objective of growing indigenous businesses, attracting
regional and national market context.
                                                            inward investment and creating job opportunities, all
                                                            within a modern, high-quality environment.

                                LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 19
                                                                             LOCATION:          Commercial District, Liverpool
                                                                                                City Centre

                                                                             TOTAL SITE AREA:   3.6 hectares / 8.8 acres

                         Phase 2                                             DEVELOPER:         Kier / CTP (Phase 1)

                                                                             SUITABLE USES:     Commercial led mixed-use

                                                                             PLANNING STATUS    Local Development Plan
           ST PAUL’S                                                                            supports office development
            SQUARE                                                                              and other complementary uses
                                           Phase 1
                                                                                                in this location

                                                                             LAND OWNERSHIP     Liverpool City Council and
                                                     “EXCHANGE”              POTENTIAL          £160-180m (Phase I)
                                                                MOORFIELDS   DELIVERY           2020-2026 (Phase I)
       ROPEWALKS                                          STATION ENTRANCE

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                                              LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 20
7. Fabric District
                                                          The area has the potential to grow and develop
Overview                                                  the Fabric District as a new Creative Quarter
The Fabric District is located close to Liverpool City    complementary to and working in tandem with the
Centre and adjacent to the Knowledge Quarter and          Baltic.
Cultural Quarter. Historically the area is known for      The Fabric District Community Interest Company
its hat makers, upholsterers, drapers, tailors,           (CIC) has been formed and in 2018 a Vision
cabinet makers, furniture builders and printers, in       document for the area was launched. The aim of
recent years the area has diversified to a mixed          the Vision is to support the long established
use area. It is a new area for regeneration and           manufacturers and makers in the fabric district and
development, whilst conserving and supporting its         attract like-minded businesses to the area.
historical business community.

The area is still home to furniture and fabrics
businesses such as Abakhan Fabrics and several            Opportunity
other smaller independent fabric shops and
dressmakers. In recent years the area has become          With its close proximity to the London Road District
a new destination for residential developers              Centre and its historic market, the Fabric District’s
including student providers with some £140 million        furniture, upholstery and dressmaking businesses
worth of schemes currently on site providing 1,600        benefit from being close to other shops and services
bedrooms at “Natex”, “The Weavers”, “33 Devon             including leisure outlets which also attract customers
Street” and “One Islington Plaza”. There is over          from a wider area than just local residents.
£100 million of further residential accommodation
currently proposed at schemes such as “Fabric             The City Council is working with the local CIC to
Village”, “The Drapery” and “Hughes House”.               facilitate new development opportunities in this area.
At the start of 2018 it was announced that
entrepreneurs were now looking at the Fabric
District as a new location for the creative sector.
“The Tapestry” has been created, bringing a new
creative hub with events space available for hire.

                                LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 21

                                                                                                                      “One Islington
                                                                                   “Fabric Village”                      Plaza”
                                                                                                        “33 Devon

                                                                               “The Drapery”
                                              “The Weavers”

                                                                                               “THE TAPESTRY”

                                                                           MONUMENT                                              HEALTH CAMPUS
 CULTURAL                                                                    PLACE

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                                                                                  QUICK FACTS
                                                                                   LOCATION:                    Between Islington and London
                                                                                                                Road, Liverpool City Centre
                                                                                   TOTAL ZONE                   12.1 hectares / 29.9 acres
                                                                                   MAIN DEVELOPER:              Various independent private
                                                                                                                sector developers
                                                                                   SUITABLE USES:               Commercial office/industry/
                                                                                                                creative industries/leisure/
                                                                                                                retail/ warehousing including at
                                                                                                                ground floor beneath
                                                                                                                residential and student
                                                                                   LAND OWNERSHIP               Some City Council owned
                                                                                                                land/properties; otherwise
                                                                                                                various private ownerships
                                                                                   POTENTIAL                    £300 to £500 million
                                                                                   DELIVERY                     2017-2024

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8. Pumpfields
                                                          There is an opportunity to consolidate ownerships
Overview                                                  across the area to deliver comprehensive
Pumpfields is a major investment opportunity on           development schemes. Some sites are in public
the northern fringe of the City Centre. The area was      sector ownership and others are on or have
historically industrial but is fast becoming a focus      recently been on the market.
for residential development to cater for the growing      The City Council are in the process of producing a
demand for new homes in central Liverpool.                Development Framework document for Pumpfields
This 26 hectare zone comprises a mix of uses              to articulate the vision for the future and establish
including the City of Liverpool College’s “Institute of   parameters to guide new developments.
Technology”, light industrial premises, residential       A mix of tenures will be encouraged to meet the
uses (notably Atlantic Point and The Reach), surface      needs of a diverse community - from key workers to
car parks and vacant and derelict land.                   young families, and retired couples looking to
It is in easy reach of the City Centre and waterfront,    downsize. The role of Vauxhall Road at the heart of
and benefits from high profile frontages along Leeds      the area will be reinforced through focussing
Street and Scotland Road – key approach routes to         supporting retail, commercial, community and
the City Centre, proposed cruise liner facility and       leisure uses along this main route. The creation of
Liverpool Waters.                                         high quality public realm will knit together
                                                          individual development schemes and engender a
Opportunity                                               sense of place.
                                                          Due to its proximity to the services and facilities in
Pumpfields presents an opportunity to create a new
sustainable residential community with its own            the City Centre, Pumpfields presents an opportunity
                                                          to promote sustainable modes of transport and
distinct character and which links seamlessly with
                                                          therefore cycling and pedestrian facilities will
the established communities of North Liverpool and
the City Centre. There are currently over 3,000           feature strongly in future plans. Enhancing the
residential units either on site or with planning         linkages between Pumpfields and the surrounding
                                                          area will be particularly important to create
permission in Pumpfields and the number of
                                                          synergies with neighbouring major regeneration
emerging schemes could almost double this figure.
Amongst the schemes on site is the Elliot Group’s         schemes including Great Homer Street (new district
                                                          centre) to the east and Liverpool Waters and Ten
£250 million “Infinity” that will provide 1,002
                                                          Streets to the west.
homes whilst further major residential schemes are
proposed for “The Metalworks”, “Freemasons
Row”, “The Tannery”, “Bevington Bush”, Paul Street
and several others.

                                LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 23
  (£65 MILLION)                                                                        QUICK FACTS
                                                                                        LOCATION:          Pumpfields, north of Leeds
                                                                                                           Street, City Centre

                                                                                        TOTAL ZONE AREA:   26 hectares / 66 acres

                                                                                        MAIN DEVELOPER:    The Elliot Group and several
                                                                                                           private sector developers
                                                                                                           already active

                                                                                        SUITABLE USES:     Residential and employment

  ON SITE: NORTH POINT (£90 MILLION)       ON SITE: “INFINITY” (£250 MILLION)           PLANNING STATUS    3,000+ residential
                                                                                                           permissions, formal allocation
                                                                                                           for industrial uses (UDP, 2002)
                                                                                                           under review as part of new
                                                                                                           Local Plan currently at public
                                                                                                           examination stage.

                                                                                        LAND OWNERSHIP     Mostly private sector
                                                                                                           individuals but with some City
                                                                                                           Council and government
                                                                                                           owned sites and premises

                                                                                        POTENTIAL          £450 million in the pipeline,
                                                                                        DEVELOPMENT        up to c £750 million

                                                                                        DELIVERY           Immediate opportunities and
                                                                                        TIMESCALE          project lifetime of circa 15

                                                                                     KINGSWAY TUNNEL


                                                   CITY OF
                                                 LIVERPOOL                      “Paul Street”                       “The
                                 “Pall Mall”                                                                      Tannery”
                                                  COLLEGE                                  “St
                                                         Northern                “Freemasons
                                                         Quarter”                    Row”

 WATERS                                                                                                                              LJMU
                COMMERCIAL OFFICE
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9. Baltic Creative & Baltic South
                                                         The zone also has two new hotels under construction:
Overview                                                 the £70 million Epic Hotel and Residences that will
The southern end of the Baltic Triangle area is          bring a 15 storey, 306 bedroom hotel with 50
undergoing considerable change with £190 million         serviced apartments and a luxury spa and roof top
worth of investment currently on site and a further      pool; and the 36 bedroom boutique “Baltic Hotel” on
£250 million proposed.                                   Jamaica Street.
Baltic South has a well established business             With the area now a development hotspot, Merseyrail
community that includes digital creatives anchored by    are considering a railway station at St James Place/
Baltic Creative, and several leisure venues including    Stanhope Street which will improve public transport
Camp and Furness. Baltic Creative has been investing     access to this part of the City. This could eventually link
in new premises over the last decade; these are now      into the Main Line and the City’s Knowledge Quarter.
home to several new niche businesses. The latest
scheme, Digital House has seen a former warehouse
converted to high quality affordable space for digital
companies wishing to grow. The £2.6 million scheme,      Baltic South, the St James area and Queens Dock
completed in January 2019, has the capacity to house     frontage have between them a significant number of
20 companies and will contribute massively to the        former historic warehouses and vacant sites available
Baltic Triangle’s status as one of the fastest growing   with potential for mixed use developments that can
clusters in the UK.                                      combine creative and digital workspaces with leisure
In addition to leisure and digital tech creatives, the   and education uses, residential and hotels.
zone is also home to a growing residential               With ever-increasing pressure on the remaining
community. Completed in February 2019, “X1 The           available land, a Spatial Regeneration Framework (SRF)
Quarter” has seen 560 apartments built at a cost of      is being prepared to guide the future development of
over £74.4 million. Further residential and student      the Baltic Triangle area. A draft of the SRF will go out
developmements are currently on site at “Parliament      to public consultation in summer 2019, after which it
Residences”, Blundell Street, “Baltic 56” and “One       will be used as a Supplementary Planning Document in
Baltic Square”, whilst additional major schemes have     any planning applications in the area. This new
been proposed for “Parliament Square” and a new          masterplan will help ensure and guide growth for the
scheme is being prepared for the Great George Street     decades to come.

                              LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 25
                                                      61-63 NORFOLK STREET

                                     ON SITE: EPIC HOTEL & RESIDENCES (£70m)

                                                                               PROPOSED: PARLIAMENT SQUARE

                                                                               QUICK FACTS
                                                                               LOCATION:             Baltic South area, Liverpool City
                             ROPEWALKS                                                               Centre

                                                                               TOTAL ZONE AREA:      39 hectares / 97 acres

                                                                               MAIN                  Assetcorp, Baltic Creative CIC,
                                                                               DEVELOPERS            The Elliot Group, Great George
   BALTIC NORTH                                                                ACTIVE:               Street Developments Ltd,
                                                                                                     Legacie Developments, X1
                                                                                                     Developments Ltd
                     “Blundell                                     ANGLICAN
                                                    Street        CATHEDRAL    SUITABLE USES:        Residential, Leisure, Public
                                                   Project”                                          Exhibition Space, Hotels, Light
                            “Baltic “Baltic
                             Hotel” House”                                                           Industry, Commercial, Education
                “Epic Hotel &
                 Residences”       BALTIC                                      PLANNING STATUS       Several sites already with
                                                “Parliament                                          planning permission granted
                    BALTIC                        Square”                                            for residential schemes/
       QUEENS       SOUTH                                                                            student accommodation and
        DOCK                     “Parliament
                                    Street                                                           hotels.
                        “X1 The                      ST JAMES
                        Quarter” Residences”         STATION
                                                                               LAND OWNERSHIP        Mostly private sector
                                                                                                     individuals interspersed with
                                              “One Baltic                                            Council ownership
                                                                               POTENTIAL             £800 million to £1.2 billion

                                                                               DELIVERY              2017 - 2025
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10. Garston Village
                                                         area having seen some of the highest residential
Overview                                                 price rises in the City.
Garston is an under‐recognised strategic                 The scale of opportunity in Garston should not be
opportunity hidden by road and rail corridors and        underestimated. This is the gateway to Liverpool
with limited access to arguably the best south west      from the south by both road and rail, and as the
facing Waterfront on the River Mersey. The Mersey        footprint for such infrastructure, it has huge
Basin provides a dramatic mix of urban and tranquil      potential to become a high quality residential
backdrops – facing the industrial landscape of           village neighbourhood. As the largest residential
Ellesmere Port and South Wirral at a distance.           scheme in the City with capacity for up to 30,000
There are literally acres of underutilised and under‐    new homes, it will make the most of the area’s
recognised land within minutes of a mix of core          proximity to the river and excellent transport links.
strategic assets including the West Coast Main Line      An initial masterplan has been produced
Spur giving quick access to the national rail            demonstrating how the area can be regenerated.
network, excellent road connections to the               Proposals include reviving the existing high street
motorway network and the new Mersey Gateway              and expanding its retail offer to secure Garston’s
Bridge. It also has its own port and dock system         position as a sustainable retail centre.
owned and operated by Associated British Ports,
but forming part of a network of Ports along the         The opportunity also exists to create new
Mersey and Manchester Ship Canal.                        neighbourhood communities by complementing the
                                                         existing housing stock with a mixture of low,
                                                         medium and high density housing that will give the
                                                         area and community a new distinctive image and
                                                         strong identity.
                                                         Furthermore, we aim to maintain Garston’s role as an
For the last decade, South Liverpool has been one        affordable location for manufacturing and port-related
of Liverpool’s best success stories with new             activities, as well as encouraging start-up and creative
businesses having settled here in and around             businesses to make the area their base.
Liverpool International Business Park, and hundreds
of new homes built which have contributed to the

                               LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 27

                                                                         QUICK FACTS
                                                                          LOCATION:          Garston, South Liverpool

                                                                          TOTAL ZONE AREA:   90 hectares / 222 acres

                                                                          MAIN DEVELOPER:    Seeking development and
                                                                                             investment partners for
                                                                                             several major opportunities

                                                                          SUITABLE USES:     Residential (capacity for between
                                                                                             3,000 and 30,000 units),

                                                                          LAND OWNERSHIP     A mixture of City Council and
                                                                                             other public sector
                                                                                             ownerships, and private sector

                                                                          POTENTIAL          £500m to £2bn

                                                                          DELIVERY           2020 - 2032

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11. Liverpool Innovation & Technology Park
                                                           be developed out to provide new sound stages to
Overview                                                   support film and television making in the City.
Liverpool Innovation Park (LIP) is an established,         There will also be space for Liverpool’s creative
well connected hub for Liverpool’s technology              community, designed as an overflow of the
businesses. Featuring over 300,000 sq ft of offices        successful Baltic Triangle district near the City
and light industrial units configured around               Centre. In 2015, Capital & Centric completed the £4
fantastic amenities, it incorporates Wavertree             million conversion of the adjacent Bunker Building
Technology Park, the Liverpool Digital site and the        as 20,000 sq ft speculative office space, aimed at
former MTL site, comprising of high specification          digital and creative companies.
offices, industrial units and standalone
refurbishment opportunities.
LIP focuses on developing knowledge and business
networks between innovative organisations within           Prime land is available along the Edge Lane
the City Region and beyond for the benefit of its          corridor, the eastern gateway entrance route into
occupiers. Recent investment has seen a new 79             Liverpool from the M62 motorway, which has in
bedroom Travelodge Hotel opened, as well as The            recent years been upgraded with help of
Range, a new store featuring a garden centre, café         substantial private and public investment. More
and on-site bakery.                                        land is available adjacent to a new access road
                                                           opening onto Edge Lane, called Digital Way which
The former Littlewoods building, an iconic 1930’s
                                                           opened in 2016 to create new development plots.
Art Deco style building on the southern edge of the
Innovation Park, is to be transformed into a               The sites are ideal for further digital and creative
Hollywood standard film studio at a cost of £50            businesses, but also lend themselves to the retail
million. Owners Capital & Centric have signed a            and hospitality sectors, including a further potential
deal with the UK’s oldest film studios Twickenham          hotel which could capitalise on its location close to
Studios who will lease 85,000 sq ft and become the         the proposed digital film and television studios.
facility’s first anchor tenant. The adjoining sites will

                                 LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 29

                                       PROPOSED: LITTLEWOODS FILM STUDIOS

                                                          LIVERPOOL DIGITAL   “THE BUNKER”

                                                                              QUICK FACTS
                                                                LIVERPOOL      LOCATION:          Liverpool City Centre
                                                                     PARK      TOTAL ZONE AREA:   108 acres / 43.6 hectares
       STUDIOS”                            The Range                           MAIN DEVELOPER:    (Liverpool Digital) Valedown
                                                                                                  Ltd; (Littlewoods development)
                              LIVERPOOL                                                           Capital & Centric; (Liverpool
          “The                                                                                    Innovation Park) seeking
         Bunker”                                                                                  investment partners

                                    WAVERTREE                                  SUITABLE USES:     Digital & Creative, film &
                                                                                                  television, commercial, retail
                                                                               LAND OWNERSHIP     Mix of public and private
                                                        WAVERTREE                                 sector ownership
                                                                               POTENTIAL          £100 million
                                                       PARK SOUTH

                                                                               DELIVERY           2017-2023

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                                              LIVERPOOL’S INVESTMENT OPPORTUNITIES | Page 30
                Claire Slinger
                Assistant Director, Investment & Development
                Tel: 0151 233 0262
                Twitter: @Regen_Lpool

                FIND OUT MORE AT

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