Plans to build up to 1,500 family homes at Festival Gardens have received a major boost from the government.
A cash injection of almost £10 million pounds from Homes England will allow essential remediation work to take place at the waterfront site – paving the way for residential development to begin.
Activity is expected to start on-site in the spring, with the first homes being available by 2022.
In addition to owner-occupied houses, the South Liverpool scheme will also include privately rented apartments.
News of the funding for Liverpool City Council comes as Homes England officially opened new offices in the same building as the Liverpool City Region Combined Authority at Mann Island – a move designed to help the two organisations collaborate more effectively to get homes built.
Kit Malthouse MP, minister of state for housing, says: “Delivering the homes Liverpool needs is a crucial element of our plan to build a successful and vibrant Northern Powerhouse.
“I was born and brought up in Liverpool and went to the original garden festival as a child, so I know how much this investment will regenerate a key area of this great city, transforming [the] Festival Gardens site with desperately needed family homes.”
Mayor of Liverpool Joe Anderson adds: “We welcome this essential financial injection from Homes England. Festival Gardens is a much-loved waterfront location and people have very fond memories of spending time there.
“We are fully aware of the potential the Festival Gardens has and its transformation will be a game-changer for this city’s economy in terms of new homes, construction jobs and growth.
“Thanks to this funding, the council can start essential remediation works on site and move forward with the vision of creating a significant number of new family homes in South Liverpool at an iconic destination.
“Alongside this, we are testing feasibility for a leisure element on site – Festival Gardens will not only deliver a much sought-after housing development, but also a first class visitor and cultural destination.”
Festival Gardens was closed to the public last month to allow contractor Willmot Dixon to drill several bore holes to determine what lies beneath the 25-acre formal Chinese and Japanese gardens.