Plans to make further progress on the proposed Festival Gardens site in Liverpool look set to be backed later this week.
A report to the city council’s cabinet – which will meet on 12 October 2018 – has made a number of recommendations on the back of updates being presented on the progress made in respect of the wider site investigations of the three gardens, grasslands and development zones, as well as the leisure destination proposals, the results of the residential soft market testing, project finances, and the funding and investment needed to take the site forward.
The note has asked that delegated authority be granted to the director of regeneration and employment, in consultation with the director of finance and resources and the city solicitor, to commit expenditure and award a contract to WDC/Arup to produce a site remediation strategy and planning application for the Development Zone, up to the value of £500,000.
It has also been recommended that delegated authority be granted to enter into a six-month exclusivity agreement with ION Property Developments and Midia Group – or a joint venture company formed by the two – to produce the remediation funding strategy and set out key conditions to bring forward site proposals.
The overall Festival Gardens masterplan is for up to 2,500 homes, 350,000 sq ft of commercial and leisure space and a new ferry terminal. A major water leisure destination has also been proposed. It has been set out into distinct areas:
- Dingle Bank – The residential zone featuring a primary school, medical centre and community hub to facilitate the mixed-use housing.
- Jericho Wharf – Social heart of the residential zone with hotels, bars and restaurants.
- Jericho Shore – The beachfront neighbourhood with residential apartments, pavement cafes, restaurants and bars, designed around an Amsterdam-styled canal frontage.
- Festival Gardens – Retention, and enhancement, of the existing gardens.
- The Southern Grasslands – To be remodelled into a natural habitat for wildlife and leisure activities.
K2 Architects is creating the strategic masterplan.
Source: Insider Media