Entirely Property

NORTHWEST PROPERTY NEWS

Monday July 1 2019


Council approves plans for multi-million-pound business hub at Wirral Waters


Consent signals major step towards securing vital funding from Liverpool City Region



Council approves plans for multi-million-pound business hub  at Wirral Waters

Wirral Waters developer, Peel Land and Property (Peel L&P), has reached a major milestone in the development of a three-storey workspace and entrepreneurial incubator for SME’s on the Wirral.

The £7.5m facility on Tower Road has been approved by planners at Wirral Council which will give a significant boost to Peel’s application for a SIF (Single Investment Fund) grant.

The state-of-the-art workspace will boast a high spec of sustainability credentials and high-tech connectivity as well as an incubator facility for the region’s entrepreneurial sector. The two upper floors will feature Grade ‘A’ level office accommodation, including co-working space and larger 3,000-4,000 sq ft suites.

Once built, the Tower Road development will afford tenants waterside views across the East Float Dock and across to Liverpool’s skyline and will support the demand for quality work space among the region’s small business sector.

The design of the building will be in keeping with the £10.5m Wirral Metropolitan College building next door, which was recognised with a number of Royal Institute of British Architects (RIBA) architectural awards, as both buildings have been designed by Glenn Howells Architects. National planning and development consultancy, Turley, acted for Peel in the planning submission for the Tower Road building.

The Council’s approval of this development will add significant weight to Peel’s application for a SIF grant. The Single Investment Fund is the key funding tool for promoting economic growth in the Liverpool City Region.

Richard Mawdsley, Development Director at Peel L&P, said: “Our 30-year strategy for Wirral Waters focuses on enabling global companies to trade alongside businesses from the Wirral and Liverpool, creating more than 20,000 permanent new jobs.

“The new Tower Road workspace has been designed with Wirral’s small business community in mind. From solo entrepreneurs to SME’s, the development on Tower Road will offer a high tech co-working environment in the centre of an internationally recognisable destination where innovation, sustainability and industry thrive.”

Cabinet member for Regeneration and Growth, Cllr Tony Jones, said: “This development will play a key role in bringing investment, jobs and prosperity to Wirral. The provision of high-quality Grade A office space is a key factor in attracting and retaining entrepreneurs and small businesses and is another important step in our longer-term vision for the borough and for Wirral Waters.”

Wirral Waters is part of the Mersey Waters Enterprise Zone, which means that the local authority can retain 100% of business rates from tenants on the proviso that the rates are then reinvested back into the Enterprise Zone to create jobs, rates and homes. This is innovative but necessary as it creates a recyclable fund which will benefit the area.



"Our 30-year strategy for Wirral Waters focuses on enabling global companies to trade alongside businesses from the Wirral and Liverpool, creating more than 20,000 permanent new jobs."
Richard Mawdsley








DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.






Discover the best Industry News & Opinion on Entirely















Sovini Group

housing


The Sovini Group comprises both not-for-profit, and commercial enterprises, and its purpose is to bring together complementary organisations which have similar values and aspirations in both the not-for-profit and commercial sectors.






One Vision Housing

Housing association


One Vision Housing is a Registered Provider of Social Housing with approximately 13,000 homes across Sefton, Liverpool and Wirral.We were formed in October 2006, following a successful stock transfer from Sefton Council and are a not-for-profit organisation, regulated by the Homes and Communities Agency.One Vision Housing is part of the Sovini Group which was formed in December 2011.






Pine Court Housing Association

Housing Association


Pine Court Housing Association is a registered social landlord providing over 450 quality affordable homes in Liverpool and Wirral.Formed in 1986, Pine Court Housing was originally established to provide quality homes and housing services for those in need, with a specific focus on the Chinese and South East Asian communities.






Redwing Living

Property business


Redwing Living offers private rented properties, shared ownership, sales and leasehold and apartment block management. Established for over 50 years, we manage over 2,000 homes and retirement properties across the North West.






Olivia Hanlon

Content Blogger and Outreach Executive


I'm a blogger and outreach executive for RW Invest, a buy to let property investment company that is based in Liverpool.






RECOMMENDED FOR YOU ON ENTIRELY NORTH WEST