Wirral Waters
Peel Holdings announced on 6 September 2006 the Wirral Waters project. This would allow for a £4.5bn of investment in the regeneration of the dockland area. This equates with an investment of over £14,000 for each of the 320,000 population of Wirral. At the East Float and Vittoria Dock, the development would include several 50-storey skyscrapers, 5,000,000 square feet (465,000 m2) of new office space and 11,000,000 square feet (1,000,000 m2) for new residential apartments. A retail and leisure quarter at the former Bidston Dock site would encompass another 571,000 square feet (53,000 m2) of space. The whole project is estimated to create over 27,000 permanent new jobs, aside from the employment required for construction and other peripheral employment.
The Wirral Waters Baseline Study of July 2008 has been endorsed by Wirral Borough Council. In February 2009 the first stage of the planning application for the first major mixed use development masterplan/quarter was submitted. The development would be expected to take up to 30 years.
Read more about this topic: Great Float
Famous quotes containing the word waters:
“When in the sea-light every early game
Was played with love and, if death’s waters came,
You’d rescue me. How I would take you from,
Now, if I could, its whirling vacuum.”
—Howard Moss (b. 1922)