Liverpool City council’s cabinet will meet on Friday to consider a new development framework for the city’s Northern docklands, in which the council has identified a 27-acre priority zone for regeneration known as Ten Streets.
The council said it wants to create a ‘Cultural Enterprise Industry Hub’ to complement the £5.5bn Liverpool Waters project being brought forward by Peel, and the investment by Harcourt Developments at Stanley Dock.
A recommendation is going to the cabinet on Friday 14 October to approve the Atlantic Corridor Development Framework. The first phase of the framework prioritises a 27-acre stretch of land called Ten Streets, which begins less than one mile from the city centre’s commercial district and runs to the Stanley Dock complex.
The council’s view is that many of the warehouses and dockside buildings in the Ten Streets zone lend themselves to conversions and with a low rents base, are considered an ideal location to attract artistic, creative and digital businesses. Peel and Harcourt are two of the main landholders within the site.
According to the report to the cabinet, £260m has been invested in new developments within the Atlantic Corridor boundary since January 2012, £52m is currently on site and a further £130m of development has planning permission or is in the pipeline.
Key proposals of the Atlantic Corridor Development Framework include:
- Provide the stimulus and foundation for new development, new projects and new initiatives in this part of North Liverpool
- Provide clear, direct links across the Atlantic Corridor to connect Ten Streets and Liverpool Waters with the key east west pedestrian and cycleways
- Retention and conversion of historic warehouse and dockland structures to provide increased activity along street frontages, particularly at the lower floor level and in the evenings
- Contemporary approaches to building and streetscape designs to create a distinct sense of place
- Building scale, form and massing to respond to the scale and drama of the warehouses, streets and framed views of the River Mersey and proposed Liverpool Waters cityscape
A masterplan is being worked up for Ten Streets, in which the council will outline plans to blend historic buildings with new developments, similarly to the transformation of the city’s Baltic Triangle.
At Stanley Dock, Harcourt is on site with a multi-million pound redevelopment, which has already seen the completion of the Titanic Hotel and Rum Warehouse Conference Centre. The developer has begun preparatory work on its next phase, the residential conversion of the vast Tobacco Warehouse. The renovation includes 538 apartments, a 254-bedroom aparthotel, and 150,000 sq ft of mixed commercial space.
Joe Anderson, Mayor of Liverpool, said: “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.’’