KQ Liverpool unveils plan to counter Covid-19 impact
The body responsible for the city’s innovation district has launched a strategic vision to guide its direction and expansion over the next five years.
Developed in consultation with more than 60 stakeholders, the KQ Liverpool 2025 Vision is billed as a response “to the city region’s immediate economic challenges following the Covid-19 pandemic, and sets out a plan for “ambitious yet sustainable future growth”.
The Knowledge Quarter was given mayoral development zone status in 2016 and now comprises 450 acres of the city centre, with more than £1bn of projects under way and a further £1bn in the pipeline.
The document refers to KQ Liverpool developments, including commercial space at Paddington Central and Health Innovation Liverpool – The HILL – at Paddington North, which will see a medical institute developed in its second phase.
The five highlighted areas of focus are attracting and retaining talent, growing businesses and attracting inward investment, being a better neighbour, collaborating with purpose and creating a smarter city. The full document can be accessed here. It does not set out specific property expansion plans within those overarching areas.
Colin Sinclair, chief executive of KQ Liverpool and Sciontec Liverpool, said: “The timing of this launch could not be more crucial, as we in Liverpool, and across the globe, plan our economic recovery from coronavirus.
“We know it’s not over yet and that only by creativity, flexibility and ingenuity will we get through this together using culture and innovation to fuel Liverpool’s economic resurgence.
“Our strategic plan to drive forward our health, life sciences and tech innovation district will empower Liverpool and the wider city region to adapt more quickly, play to our strengths and push forward with positivity.”
In June, Liverpool asked the Government for a £200m funding contribution as part of a £1.4bn Covid-19 recovery plan, a programme that includes Liverpool John Moores University’s plans for a Science and Technology Innovation Centre as part of its Copperas Hill expansion in the Knowledge Quarter.