Future
The major redevelopment project under consideration is Peel Holdings' 'Wirral Waters'. This would allow for a £4.5 billion of investment in the regeneration of the dockland area. This equates with an investment of over £14,000 for each of the 320,000 residents of the Wirral. At the East Float and Vittoria Dock, the development would include several 50-storey skyscrapers, 5,000,000 square feet (465,000 m2) of new office space and 11,000,000 square feet (1,000,000 m2) for new residential flats. A retail and leisure quarter at the former Bidston Dock site would encompass another 571,000 square feet (53,000 m2) of space. The whole project would create more than 27,000 permanent new jobs, aside from the employment required for construction and other peripheral employment. The development would be expected to take up to thirty years.
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