DB Symmetry Site Liverpool

DB Symmetry and Liverpool bring forward £150m commercial site

Charlie Schouten

Liverpool City Council is close to agreeing a deal with DB Symmetry to bring forward 125 acres of council-owned green belt land near Speke which has the potential to house 1.3m sq ft of employment space.

The council-owned plot sits within the designated green belt between Speke and Hale village, and is largely used as agricultural land.

Working with the council, DB Symmetry has put forward a masterplan which includes 1.3m sq ft of commercial space over six units. These would be earmarked for the automotive sector, as well as e-commerce and logistics.

The proposals are expected to create more than 1,400 jobs and have a GVA of £76m, while the developer said the six units would represent a £150m investment.

DB Symmetry has already signed a six-month exclusivity agreement with the city council, and does not need third party finance to progress the site. The council said the development costs would be funded by DB Symmetry’s fund DV4, which has £2bn of cash and assets under management.

Transport studies carried out by DB Symmetry suggest the site would be accessed via Speke Boulevard.

Heads of terms for an option agreement are currently being negotiated between DB Symmetry and Liverpool Council, and the Council is seeking sign-off to enter into an option agreement when its cabinet meets next week.

The council said the plans “represent a major development opportunity within the city region and provide an opportunity that could support the city region’s growth aspirations in its key growth sectors for the benefit of all”.

However, due to the site’s current green belt designation within Halton Council’s local plan, Liverpool City Council and DB Symmetry council would have to demonstrate “exceptional circumstances” to get the proposals through planning.

The council said the shortage of supply of logistics and industrial space in the region, coupled with the scheme’s employment benefits, would help to demonstrate the case for the project.

In a statement to Place North West, DB Symmetry said it would be “consulting fully with the local communities in the area” as plans move forward.

“The site will provide significant local employment and offers excellent connectivity to the east and west being close to the A561 and the road network joining the M62. The land is also close to the boundary of three local authorities and the significant local employer, Halewood Jaguar Land Rover site.”

Your Comments

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Liverpool should fully support proposals, there is little industrial land

By Re Clad

We need to upgrade the Knowsley Expressway to dual 3 lane M57 and extend it south of Speke Road dual 2 lane to the Airport.
Whoever is designing this scheme needs to take that into account when designing it!

By Kayla Bibby

Key to an eastern access road to the airport, linking with the Knowsley expressway?

By Alan Pennington

I think this should be a farm

By Arch 500

Agree with Arch 500, Ihink this should become Cantril Farm II: The Sequel

By Town Planner

perhaps they should make a train link direct to the airport part of the 106 obligation

By fat controller

Could a rail link be incorporated to the airport from the main line then back into the City via an elevated route?

By Seat by the Window

I think a farm would have the potential to boast healthy eating in the Speke area.

By Pop up farm

this open farmland is important for the setting of Hale Village and Speke – building on it will undermine the distinctive identity of both communities

By larch

The railway is not so far here, so bring it to the airport.

By Carl Spurling

Maybe a loop line for the Merseyrail service from LSP or from the Northern Line via Halewood, past the A5300 and using the newly released land with two stops, one for the new business park and one for the airport. There are more alternatives, but let’s see what Merseytravel come up with?

By Oh Mr Porter!

I don’t think there is a shortage of logistics sites? Really? I’m sure council on council will agree these representations – its just when other parties want them they don’t get!

By Bob Dawson

Anyone who builds on this land needs their heads testing, it is always waterlogged and floods into the nearby housing estate and Thatch Cottages in Hale Village.

By Hale Snob

Plenty of brownfield sites around speke and garston why use more greenbelt land in already highly populated areas

By Shaun

Also taking more land for water run off what about residents and possible flood risks in the future

By Shaun

The most sensible use would be as a reservoir with facility perhaps for seaplanes .

Every big city was at one time a collection of villages .Do we really want to carry on

the tradition of London ?

By Davy J

I’m not sure the words “most sensible use” and “seaplanes” should be used in the same sentence.

By ladsladslads

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