Published: 27th Sep 2019

Liverpool City Council will buy 55,000 sq metres of dockland from Homes England for £1. Councillors are expected to approve the purchase today (September 27), which they hope will trigger a multi-million-pound regeneration scheme on the site. The council already holds the majority of the Kings Dock estate under three 999 year leases, which includes venues such as the M&S Bank Arena, the Convention Centre, Exhibition Centre Liverpool and Pullman Hotel as well as several plots of vacant land, including the former waterfront car park which was demolished following a fire on New Year’s Eve two years ago Alongside Kings Dock, Liverpool’s waterfront has several projects in development including Festival Gardens along the south of the Mersey shoreline, a new Cruise Liner Terminal, the 10 Streets Creativity District, the £5bn Liverpool Waters scheme and a new football stadium for Everton Football Club. Mayor of Liverpool Joe Anderson, said: ‘This transaction … (To read the full article, subscribe below)