Mayoral Development Zone
Kings Waterfront and Baltic North
Since 2000, over £550 million has been invested in regenerating Liverpool’s World Heritage listed waterfront.
This investment has provided a state-of-the-art arena, convention and exhibition centre, new hotels, Grade A office space, temporary cruise liner terminal, canal, Mersey Ferries terminal, museums, apartments, restaurants and bars.
Kings Waterfront represents the final piece in the jigsaw of the city’s waterfront regeneration programme. Most of the 25 acre site is owned by the City Council, with some £100 million worth of development already completed including the new £40 million Exhibition Centre Liverpool and the £26 million, 200 bedroom Pullman Hotel built next to the existing Arena & Convention Centre Liverpool.
In addition, the former Customs & Excise Office on the adjacent Queens Dock has recently been converted to 240 private rented sector apartments with stunning river views at a cost of £30 million.
A second £45 million phase bringing a further 257 apartments has been submitted for planning approval.
Opportunities for a world class destination development
Baltic North is currently seeing investment in residential accommodation for the private rented sector in an area also enjoying views of the waterfront. The £32 million Baltic Village will be completing in early 2017, whilst a further £200 million worth of additional residential schemes have planning approval for this popular location sandwiched between Kings Waterfront and the Liverpool ONE shopping/leisure district.
A development partner is being sought for the 8 acre site at Kings Waterfront which offers scope for a £50 – £100m mixed use commercial led development to include leisure, food/retail, hotel, restaurant, cafes, bars, water-based attractions, offices and residential apartments in a high quality public realm that will use the site to its best advantage and deliver a world class destination development.
Baltic North has several significant sites and development opportunities, including the soon to be vacated police headquarters on The Strand. Further sites include the Kings Dock Street Industrial Estate offering 6.8 acres with a prime frontage onto Wapping, the main highway linking the City Centre with South Liverpool and Liverpool John Lennon Airport.
Site area30 hectares / 74 acres
DeveloperSeeking development partners
Suitable usesResidential, Leisure, Public Exhibition Space, Hotels, Light Industry, Commercial, Education
Value£800m to £1 billion
Timescale2018 - 2025
Project managerPeter Skates