Neglected for many years, a 60-acre chunk of the city is embarking on a new era led by local business owners and stakeholders determined to see the area thrive.
Liverpool’s Fabric District Community Interest Company has today published a prospectus outlining a vision for the area’s future.
The document has been drafted following extensive consultation with stakeholders and describes the physical, economic, and environmental interventions required to improve the area.
The CIC was set up in 2018 to guide the regeneration of the Fabric District, which forms part of the wider Knowledge Quarter, home to the city’s universities and health institutions.
The aim of the group is to enhance the existing economic and cultural offer and provide a community-led framework for future development.
In addition, Fabric District CIC wants to attract more businesses to the area, see vacant sites redeveloped, activate streets, and enhance areas of public realm including Monument Place, which sits at the heart of the district.
“Regeneration of the Fabric District is long overdue,” said CIC chair Michael Birkett. “ We are confident that much-needed focus and investment is now on its way, from both the public and private sectors.
“We are working hard with the team at Liverpool CIty Council to see this through”.
Liverpool City Council, which has significant land holdings in the area, is planning to draw up a strategic regeneration framework for the area, an indication of its intent.
This SRF will set out the overarching strategy for the area and developers will have to adhere to it when bringing schemes forward.
“The Fabric District CIC, working closely with Liverpool City Council and all its occupiers and neighbours, is part of a joint team that will draw up a delivery-focussed regeneration strategy programme in the coming months.”
Some new-build residential schemes are already coming forward in the area. Blacklight Capital’s 574-bed student scheme is nearing completion, as is TJ Hughes’s 245-flat scheme fronting Monument Place.
The long-stalled Fabric Village was also recently bought out of administration by Mellior Group.
The developer is planning to implement plans for the £76m, 413-home scheme, which it has renamed Islington Quarter.
Source: Liverpool’s Fabric District pushes for ‘long-overdue’ regeneration – Place North West
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Neglected for many years, a 60-acre chunk of the city is embarking on a new era led by local business owners and stakeholders determined to see the area thrive.