The masterplan for Liverpool’s Festival Gardens must be “achievable” from the planning stages to bring it to fruition, according to a city property expert.
A 27-acre development zone at the former home of the International Garden Festival is owned by Liverpool City Council and is being earmarked for a housing-led regeneration with a cultural offering.
Following a public consultation into the council’s previously unveiled ambitious vision for the site, the local authority is due to put forward a revised masterplan for the project which will be known as ‘Festival Park’.
Considering the potential for the site Alan Bevan, managing director of estate agent City Residential, says: “When planning a project like this it’s important to ensure the vision is achievable.
“There is always a danger it could become too aspirational when they’re trying to get a developer on board.
“We know there is a demand for people to live in that area, but if the ambition is for it to be ground-breaking, one of the best residential developments in western Europe, there could be a danger of it falling through. Maybe it needs to be softened with residential elements.”
Alan adds: “Having said that, I have no doubt the site can be a big part of Liverpool’s future. It’s important that these homes are built to house the growing population and Festival Park is a great location.”
For more expert insight on the potential of the Festival Gardens site, read Your Move’s latest Hot Topic.