A new multi-storey car park complete with shops, cafes and restaurants is being planned for Liverpool city centre as part of a wider regeneration scheme.
Costing around £5 million, the new car park would include 250 spaces and would be built on the site of the existing surface car park on Victoria Street.
The proposed scheme is designed to be a catalyst for the further regeneration of the Victoria Street area and would meet the demand of new hotels close to the site which do not currently have their own car parking, including the Hilton Doubletree on Sir Thomas Street.
Plans for the new multi-storey also include space for commercial businesses on the ground floor and it’s estimated the development will generate a net revenue of £521,000 alongside income from a digital advertising screen and renting out the retail units.
Councillor Malcolm Kennedy, cabinet member for regeneration, says: “This area of Victoria Street has been improved recently with the addition of new hotels and student accommodation and we know there is a demand for more car parking space.
“It also gives us an opportunity to invest in the roads and pavements on Victoria Street which are badly in need of improvement.
“This area is busy during the day and night and at the moment parts of the infrastructure look extremely tired and worn, so we would want to look at widening the pavements and creating more greenery.
“We will make sure that the design of the car park is high quality and does not adversely impact on the surrounding buildings.”
A report on the proposed developed will be discussed by the cabinet this Friday (18 March).
If approved and subject to planning consent, it is envisaged that the new car park could be open in time for Christmas 2017.