Major waterside developments to boost the Wirral economy

There are a number of projects being developed in the waterside area of Wirral that aim to revitalise the local economy and create hundreds of new jobs.

The MEA Park will be based in the Mersey Waters Enterprise Zone and will target businesses in the marine and energy sectors. The developer Peel has unveiled plans for this one million square foot site. The preparatory work of clearing the site and installing water and electricity supplies has already begun.

The project is part of Wirral Waters’ regeneration scheme, which also includes the Four Bridges development – a mixed-use project aimed at education, residential and commercial organisations.

The waterside area is a government-approved Enterprise Zone, which means that there are tax benefits for companies locating there.

The Wirral Waters Investment Fund and other funding bodies are addressing the financial planning of these Wirral projects by making sure that they are financially viable and can be built on time.

OMI Architects recently won a design competition for Egerton Square besides Wirral Metropolitan College. The design includes a restaurant, shops, and gallery and workshop spaces. It also features an outdoor entertainment zone and a newly introduced public square.

The director of OMI Architects, Nick Berry, said:

“This is a fantastic opportunity to create a real place defined by an exciting and diverse range of uses and activities. The village concept will provide an opportunity for small local businesses to contribute to Peel’s vision for this unique waterside environment.”

Posted by Alan
30th March 2017

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All blogs and news on Endeavour Financial Planning are for information purposes only and are not intended to provide advice. Please seek the advice of a financial advisor before making any financial decisions.

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