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Approval for Peel’s £200m Wirral trade centre scheme
Plans for a £200m International Trade Centre in Birkenhead have been approved by councillors and is to be the first phase of Peel’s proposed £4.5bn Wirral Waters scheme.
The developer plans four buildings totalling 2.5m sq ft of space. The first will be around 600,000 sq ft and house hundreds of businesses. Work to demolish and decontaminate the former Mobil site is expected to start shortly. Peel said it also aims to start building homes and offices on the site later next year.
The Wirral Waters project is now a designated Enterprise Zone, which will provide tax breaks to attract new businesses. Peel has won support from Chinese investor Stella Shiu to help fund construction of the first phase.
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Plans for a £200m International Trade Centre in Birkenhead have been approved by councillors and is to be the first phase of Peel’s proposed £4.5bn Wirral Waters scheme.
The Scottish Government plans to deliver a Plan B-style spending boost on construction to prevent the economy tumbling into recession. Scottish ministers are scheduled to unveiled their £9bn construction stimulus budget on Wednesday, releasing £750m of new money for building and infrastructure projects.
St. Modwen and Persimmon Homes have submitted a planning application to Bromsgrove District Council for the first phase of residential development at the former Longbridge site.
