The award-winning £5.5 billion regeneration of Liverpool Waters is one of the most exciting projects to date. Transforming a combination of two million square metres of land, the project is a radical vision for the city. As a result, the once derelict docks will be rejuvenated.  It will become a hot spot for business and leisure. The project will make use of multiple docks including Liverpool Waters Clarence Dock and the new home of Everton Football Club, Bramley Moore Dock.

Liverpool is renowned for its waterfront. Stemming from Liverpool’s status as a world trading port, the city’s industrial history is long and illustrious. In fact, Liverpool was a key player in the growth of the British empire. The waterfront city played a vital role in transporting commodities across the sea to Europe and America. Thanks to its innovation and superior dock facilities, Liverpool gained international status among other trading terminals across the globe.

The regeneration project plans to incorporate Liverpool’s rich history by intertwining it into more modern architecture. As a result, Liverpool Waters will be an outstanding example of innovative design. Creating a beautiful skyline, the project will be envied by other neighbouring cities throughout the UK. For example, structures such as the Dock Boundary Wall and the Victoria Clock Tower will be keeping their historical components. However, they will be accompanied by other new, modern developments.

• £5.5 billion project
• Spanning 30 years
• 15,000 hectares of land and water
• Compromising five distinct neighbourhoods
• A place to live, work, and play.

The project, worth over £5 billion, will breathe life back into the run-down docks. This project is particularly prolific, as it will use innovative building design and landscaping to revive the old and historic buildings. Expected to take around 30 years, 15,000 hectares of land and water will become unrecognisable. The Peel Group, who were also responsible for the highly successful MediaCityUK regeneration, will be heading the project.

Becoming a place to live, work, and play, the vision places emphasis on its multi-use nature. Providing a diverse array of leisure facilities, commercial office space, and residential buildings, Liverpool Waters is already becoming a sought-after investment location. In addition, the project compromises five distinct neighbourhoods. Additionally, the apartments will join Liverpool’s extensive property portfolio of over 9,000 waterfront apartments. The project is well underway with Phase One beginning construction in 2018. As a result, as the construction begins, the area is already turning investor’s heads.

CityRise Verdict

Over the last decade, Liverpool has become unrecognisable. The city is bursting with investment opportunities and is cropping up on investor radars across the globe. Not only is Liverpool consistently ranking as having the best rental yields in the UK, but also, ranking highly for its capital growth. The Liverpool Waters regeneration project is prolific in every sense of the word.

Coupled with such affordable property prices, Liverpool’s property market is also extremely robust. The city’s population is excelling on an upwards trajectory and the levels of supply are failing to keep up. Therefore, making for perfect investor market conditions. Liverpool is a magnet for young professionals, making up the majority of the buy-to-let market. Once they get wind of the Liverpool Waters development, tenants will flood into the area eager to take advantage of everything it has to offer.

Even areas surrounding Liverpool Waters will benefit from the gravitational pull of this project. As a result, developments across Liverpool will guarantee excellent returns as the city has become one of innovation and rejuvenation. It is a prosperous time for Liverpool. If you’re interested in learning more about investing in Liverpool, speak to one of our expert consultants here.