At the MIPIM international property and investment expo in Cannes, Wirral Council leader Phil Davies unveiled his plan for the Wirral Growth Company. Tony McDonough reports.
A new regeneration body for Wirral will aim to attract £1bn of investment and transform the waterfront.
At the MIPIM international property and investment expo in Cannes, Wirral Council leader Phil Davies unveiled his plan for the Wirral Growth Company.
It will be tasked with attracting investors for major projects which will include:
- A world-class residential, leisure and cultural destination on the Woodside Waterfront, overlooking the Liverpool Skyline
- A revitalised retail and commercial hub, underpinned by public sector support and a residential, retail and leisure development
- Reinvigorating the historic Hamilton Square as the centrepiece of a new mixed-use heritage district
Speaking at a MIPIM event organised by the UK Government, Cllr Davies told an audience of international investors and developers: “Today is a landmark step forward in our ambitions for Wirral.
“The joint announcement of £1bn of development opportunities and the creation of Wirral Growth Company as our delivery vehicle reflects the growing interest and confidence in Wirral and the wider city region.
“We will unlock the huge, untapped potential of Wirral and Birkenhead as an outstanding destination of choice for business and investment.
“The Wirral Growth Company will over the coming months identify a joint venture investment partner, triggering the creation of thousands of jobs and economic growth.”
Three core areas
Initially focused on three core areas in Birkenhead – Woodside Waterfront, Hamilton Square and the town centre – this development opportunity will result in residential, leisure, commercial and retail development.
“Woodside waterfront is arguably one of the most outstanding residential and mixed used development opportunities not just in the Liverpool city region, but anywhere in the UK.” said Cllr Davies.
A new website, www.wirralwellmade.com, has been launched to coincide with the leaders’ announcement.