A public consultation on a framework which will guide future development in Liverpool’s Baltic Triangle is taking place today (10 October).
The Baltic Triangle Development Framework has been created by Liverpool City Council in an effort to ensure “quality design and development” in the area.
According to the framework, £128 million has been invested in new schemes in the Baltic since January 2012 with a further £62m currently on site.
Another significant project in the area was announced yesterday when Baltic Creative CIC revealed plans for a £2.6m mixed-use refurbishment of a 19th Century warehouse on Norfolk Street.
The CIC’s ambition is to create the Baltic Triangle’s first digital technology hub, which it’s hoped will attract companies working in growing markets such as VR, AR, IoT, eHealth, FinTech, MADTech and Big Data.
The draft development framework seeks to demonstrate that the Baltic can continue to be regenerated successfully with new developments which accommodate new uses such as residential but also provide space for growing the existing business community.
The framework document states that “significant new investor interest in the Baltic Triangle” is “worrying existing businesses in the area”, some of who fear they could be squeezed out by new developments.
Other aspects of the proposed framework include recommendations for increased parking provisions in the Baltic, the re-opening of St James railway station and a commitment to retaining the area’s “strong historic urban grid”.
The Baltic Triangle Development Framework is available to view today at The Pod, 41 Jordan Street, from 2 till 7pm.