Liverpool Waters’ £56 million brownfield housing boost
- 2024-11-01 14:26
- GOV UK
Construction work will soon start on 190 new homes on the north docks, part of Liverpool Waters, after a £56 million funding boost from Homes England and Legal & General Capital.
This latest phase of the £5 billion Liverpool Waters regeneration scheme is a major step towards creating a thriving new waterfront neighborhood in the city, and will deliver a wide range of much-needed homes for local people.
The homes, which will be built by developer Peel L&P’s residential business, Moda Living, will comprise a mix of one, two and three-bedroom apartments and townhouses. They will be available for rent and for sale, with prices starting from £200,000 for a one-bedroom apartment.
The homes will be built on a brownfield site that was previously used for industrial purposes. The development will include a new public park, a children’s play area and a new pedestrian and cycle bridge over the Leeds and Liverpool Canal.
The funding boost from Homes England and Legal & General Capital will enable Moda Living to start construction work on the site immediately. The homes are expected to be completed by 2026.
Liverpool Waters is one of the largest regeneration projects in the UK. The scheme is being led by Peel L&P, which is investing £5 billion to create a new mixed-use neighborhood on the city’s waterfront.
The scheme will include 2,000 new homes, as well as new commercial and leisure space. It is expected to create up to 17,000 new jobs.
The homes at the north docks are the latest phase of the Liverpool Waters regeneration scheme. The scheme has already delivered a number of new homes, as well as a new hotel, a new cruise terminal and a new ferry terminal.
The new homes at the north docks will be a major boost to the Liverpool Waters regeneration scheme. They will help to create a thriving new community in the city, and will provide much-needed homes for local people.
Quotes
- “This is a major milestone in the Liverpool Waters regeneration scheme. The new homes at the north docks will help to create a thriving new community in the city, and will provide much-needed homes for local people.” – Steve Rotheram, Metro Mayor of the Liverpool City Region
- “We are delighted to be working with Moda Living to deliver this exciting new phase of the Liverpool Waters regeneration scheme. The new homes will be a major boost to the local economy, and will help to create a vibrant new community in the city.” – Richard Mawdsley, Peel L&P’s Director of Development for Liverpool Waters
- “We are committed to investing in the Liverpool Waters regeneration scheme. The new homes at the north docks will be a great addition to the scheme, and will help to create a thriving new community in the city.” – Patrick Flaherty, Head of Origination, Legal & General Capital
Notes
- The £56 million funding boost from Homes England and Legal & General Capital is part of a larger £150 million investment in the Liverpool Waters regeneration scheme.
- The new homes at the north docks will be built on a brownfield site that was previously used for industrial purposes.
- The development will include a new public park, a children’s play area and a new pedestrian and cycle bridge over the Leeds and Liverpool Canal.
- The homes are expected to be completed by 2026.
Liverpool Waters’ £56 million brownfield housing boost
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