A multi-million pound programme is set to be spent on improving the public realm in Liverpool’s Commercial District over the next two years.
Liverpool city council’s Cabinet has this morning (Friday, 20 March 2015) approved plans to a £1.6 million resurfacing and improving footpaths and street furniture on:
- Old Hall Street
- Bixteth Street
- Edmund Street
- North John Street
- Eberle Street
- Leather Lane
The Commercial District BID has invested £1.1m in the programme, which will begin this summer. The funding, raised via a BID levy on businesses, has been matched by the city council who are in addition to invest a further £500k into Water Street in the following year.
Jim Gill, Chairman of Liverpool’s Commercial District BID, which represents more than 550 businesses, said: “This multi-million investment in the public realm of the Commercial District has been a major priority for the BID Company and we welcome the city council’s support in this programme.
“We look forward to seeing the results and building on these improvements to further enhance the appeal of the Commercial District as the place to do business in Liverpool.”
The approval from the council’s cabinet comes almost a year to the day when the Commercial District will be seeking a re-ballot from its members, on March 17 2016, to develop the district for the next five years.
Bill Addy, Chief Executive of Liverpool BID Company, added: “Businesses in the Commercial District have looked to the BID to make a meaningful impact on the public realm in the city centre and this is what we intend to deliver.
‘’This has been three years in the planning and we intend to set out more developments in our new business plan for the Commercial District over the next five years. Much is still to be done but the journey has begun.”
The works are part of a wider four year programme of works across the city, which includes a new city centre ‘connectivity’ scheme including new and improved signage and lighting, dedicated coach parking, more priority for pedestrians and cyclists and a review of bus routes to reduce delays (to be delivered from 2017-2019).
Councillor Malcolm Kennedy, Liverpool City Council‘s Cabinet member for regeneration, said: “The Commercial District is hugely important to the success of Liverpool and it is vital that we make sure it is a quality area to work, visit or live. This investment will help ensure that we are able to compete with other parts of the country in attracting the businesses and investment that we need to deliver more jobs and economic prosperity for the city.”
Colin Sinclair, Director of Property Marketing at Bruntwood, added: “As a major investor in the Commercial District we are pleased to see these transformational public realms works get the go ahead. It’s a great example of public and private sector working together to create an environment where businesses can grow and prosper, creating jobs and so benefitting the whole Liverpool economy.”