Headbolt Lane scoops £66m boost

Towns such as Bolton, Cheadle, Preston and Southport were awarded a share of £186m from the Government’s £3.6bn Towns Fund, but the Budget stopped short of allocating significant new money for North West projects. 

The Port of Liverpool’s ‘freeport’ designation, removed in 2012, has been reinstated in the Chancellor’s budget announcement, and is expected to bring investment, trade and jobs to the city region.

Key decisions for the city council have been set out in a report by consultancy Eunomia, to be considered at cabinet level this week.

The council has set up a fund for land and property purchases that would help finance its significant borough regeneration strategy over the coming years.

Peel L&P’s proposed multi-modal terminal on the banks of the Manchester Ship Canal has been included in Liverpool City Region’s bid for ‘freeport’ status, despite it being in Greater Manchester.

The 317-bed student accommodation scheme on Liverpool's Devon Street, which was owned by a special purpose vehicle of the same name, has fallen into administration and consultancy Colliers International has been hired to value the property for sale. 

A pedestrian bridge, relocation of the International Slavery Museum, repurposing empty dock buildings and addressing underused dry docks between Royal Albert Dock and Pier Head are all proposed in a competition by National Museums Liverpool.

LPA receiver David Currie & Co is seeking cash offers for the stalled development, a 306-bedroom hotel in Liverpool’s Baltic Triangle.