Registered: 11th Jan 2009
Loc: Wirral, Uk
Peel Holdings has submitted plans for the first phase of its £4.5bn Wirral Waters docklands scheme in the north-west of England in the same week it outlined proposals for its first commercial development in Ireland.
Peel, headed by property entrepreneur John Whittaker, on Tuesday submitted a masterplan application for its Northbank East quarter, which will form part of its 17m sq ft mixed-use Wirral Waters regeneration scheme in the Birkenhead Docks.
Northbank East will comprise 1,700 homes, a foodstore, offices, retail and leisure facilities. It will also provide improved access to the waterfront. It falls within the East Float section of the Wirral Waters scheme, between the converted historic Corn Warehouses and the Hydraulic Tower.
Lindsey Ashworth, director at Peel Developments, said: ‘This is an important milestone in the life of Wirral Waters.
‘It’s the start of a very long journey that will take many decades to complete, and a new and prosperous era for what is currently an area with real problems.’
Wirral Council leader Steve Foulkes said: ‘A project as ambitious as this can appear to be highly aspirational and long term. However, these applications, which are a result of close partnership working between Wirral Council and Peel, clearly demonstrate all parties’ belief and commitment to this transformational scheme.’
Peel submitted proposals for another docklands regeneration scheme this week, to the Dublin Regional Authority and the Dublin Docklands Development Authority for a commercial mixed-use scheme at its South Quays container terminal in Poolbeg in Dublin.
Peel-owned subsidiary Marine Terminals (MTL) holds a long lease from Dublin Port for a 37.26 acre site. It said the site could accommodate development through rationalisation of existing facilities and land reclamation.
Any commercial development at the port would be Peel’s first scheme in Ireland and would cement its reputation as a leading port owner and developer.
It is also a sign that Peel sees the opportunity for future activity, despite the recession and property slump in Ireland.
Peel’s MTL made the submission along with a host of other developers and landowners in the Dublin Bay port area, including Cosgrave Property Developments, Treasury Holdings and Sean Dunne’s Mountbrook Group.
Most of the parties seek an increase in density and the rezoning of areas that were previously used for industrial purposes.
Peel’s proposal is part of a wider masterplanning exercise to produce a blueprint for the development of Dublin Bay up to 2013.