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Thread: Islington - £300m makeover

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    Creator & Administrator Kev's Avatar
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    Default Islington - £300m makeover

    LANDLORDS and developers in Liverpools rundown Islington district are combining to drive forward a £300m makeover for the area.

    Firms including Downing and Pencare Properties, along with other investors, have set up the Islington Regeneration Company with the intention of breathing new life into the land behind the cityundefineds TJ Hughes department store.

    The transformation of the 25-acre site, which is still in its early planning stages, has the backing of regeneration agency Liverpool Vision. It is hoped the entire project will be funded by the private sector.

    Following consultation with local businesses, it has been decided that the best way to proceed would be an extensive redevelopment while retaining the existing businesses and street pattern. Under a five-year plan, thousands of square feet of both commercial and residential space would be created.

    A spokesman for Liverpool Vision said: We are keen to bring forward a framework for the regeneration of the Islington area. The process is still at an early stage, but consultation with the local landowners, businesses and residents has been positive.


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    Senior Member Paul D's Avatar
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    This is significant Isn't it,that whole area is criminally under used so I can't wait to see how they're going to intregate it with the local community.Liverpool is on the up,this is the ripple effect of regeneration we could have only dreamed of at one time.

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    Quote Originally Posted by Paul D
    This is significant Isn't it,that whole area is criminally under used so I can't wait to see how they're going to intregate it with the local community.Liverpool is on the up,this is the ripple effect of regeneration we could have only dreamed of at one time.
    YO! Liverpool has taken me 10 years to develop and maintain.
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    Senior Member Paul D's Avatar
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    Exciting times for Liverpool,I just wish I was a teen so I'd really get to see the benefits of our changing city,but hey I'm not on my lazzies yet so time to kick back and watch our city be born again.

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    Quote Originally Posted by Paul D
    this is the ripple effect of regeneration
    Hope the ripple continues on into Kensington and doesn't peter out at Low Hill.

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    Creator & Administrator Kev's Avatar
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    Quote Originally Posted by Howie
    Hope the ripple continues on into Kensington and doesn't peter out at Low Hill.
    Fingers and everything else crossed. Brilliant news for that part of the city.
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