Miller’s Quay, Peel L&P’s cornerstone residential scheme at Wirral Waters, has reached a special milestone in its construction of 500 one and two-bedroom apartments.

Wirral Waters’ developer, Peel L&P, was joined on Thursday 8 June by its funding partner, Pension Insurance Corporation plc (“PIC”), construction firm GRAHAM, Homes England, Wirral Council, and staff and students from Wirral Met College, to celebrate the ‘topping out’ of what is the single biggest development to date at Wirral Waters.

The topping out ceremony marks reaching the highest point in the construction of the transformational residential development.

In addition to its high levels of sustainability, Miller’s Quay is also delivering significant social value with 100 affordable new homes included and a wide range of unique learning and employment opportunities for the local community.

Peel L&P’s partners on Miller’s Quay, including Wirral Met College, construction firm GRAHAM and Peel L&P’s funding partner PIC, have all joined forces to use their expertise and specialist knowledge to create cutting edge opportunities for the local community and improve employment prospects for local students.

Since construction began last July, 319 students from Wirral Met College have benefitted from the ‘live’ classroom on its doorstep where students are taking part in a number of activities and learning a wide range of skills.

Students are also benefitting from work experience opportunities through the construction of Miller’s Quay, providing genuine insight of how the industry works and the level of interaction which takes place between trades within a major scale regeneration project.

Richard Mawdsley, director of development for Peel L&P’s Wirral Waters, says: “We have reached an exciting milestone with the topping out of Miller’s Quay.

“This has been a fantastic day to reflect on everything that has been achieved so far and to celebrate the significant social impact this project is already having on the local community, thanks to the strong partnership that has been created by Peel L&P, GRAHAM, PIC and Wirral Met College.

“I have been really proud and humbled to see the students engaged in learning on site over the last ten months and knowing that they are learning about modern and green methods of construction for these energy and resource efficient new homes, is incredibly reassuring in our ambition to create the construction workforce of the future.”

James Agar, head of long income at Pension Insurance Corporation, adds: “We’re delighted by the progress at Miller’s Quay. The development has been a model for how long-term investors can play a major role in the levelling up agenda.

“The site will provide much-needed housing for the Wirral and offers secure long-term cashflows to back the pensions of our 300,000 policyholders, many of whom live in the North West.

“We hope that the regeneration lease structure used to finance Miller’s Quay can be adapted across a range of sectors and projects, on behalf of Local Authorities, Housing Associations, Universities, and other organisations looking to unlock funding for regeneration schemes around the country.”

Cllr Paul Stuart, leader of Wirral Council, adds: “Millers Quay is an important part of Wirral’s wider regeneration ambitions which stretch from Bromborough through Birkenhead and Wirral Waters, Seacombe and Liscard to New Brighton and shows the how we are delivering on our brownfield first approach to boosting the borough and providing homes, jobs and prosperity.

“We demonstrate that Wirral can be the best place to start and grow our families and businesses.”

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