It says that £248m of projects were completed in 2010 and that 393,441 sq ft of commercial space was taken up.
The completed projects, including transformation of Lime Street Gateway and the mixed-use King Docks Mill, indicate that the city’s development sector has stood up well to the economic downturn, the organisation said.
Construction activity included residential, hotel, commercial office, retail and leisure, as well as developments by the two principal universities. While not returning to the boom time of 2007/8, the market remains buoyant and is exceeding its pre-recession levels of activity.
Liverpool Vision chief executive Max Steinberg: “The amount of new schemes completed and construction activity in the last year is encouraging. It follows a positive trend over the past decade and reinforces Liverpool’s reputation for delivery, despite the economic slowdown and sluggishness in the development sector.
“Schemes worth £250m have been completed in the last year and we can look forward positively to the months ahead when the Museum of Liverpool, the latest phase of St Paul’s Square, work continuing at Central Village and Liverpool Innovation Park will all add to the regeneration.”
Further details can be found in Liverpool Development Update and Liverpool Commercial Office Market Review.
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