Situated on Tower Road, the £6m three-storey development will be aimed at the Wirral’s small business community.
The ground floor will include an incubator facility for the region’s entrepreneurial sector, while the two upper floors will feature Grade ‘A’ level office accommodation throughout six suites.
It will offer tenants waterside views across the East Float Dock and across to Liverpool’s skyline and will help to support an emerging demand for quality workspace among the region’s small business sector.
Ian Steele, Director of GVA – the commercial agents for Wirral Waters, said there is a clear need for quality new build space: “There is a demand for managed workspace in Wirral. GVA are happy to be bringing forward the first of commercial development at Wirral Waters”.
The building has been designed by architects, Glenn Howells, who also designed the £10.5m Wirral Metropolitan College building next door. This was the first major development on Wirral Waters and was recognised with a number of Royal Institute of British Architects (RIBA) architectural awards.
Glenn Howells worked with Wirral Met College students on the campus design, and Richard Mawdsley, Development Director at Peel, revealed that Peel Land and Property intends to offer work experience to students on the Tower Road office project.
“We are targeting organisations looking for 3,000-4,000 sq ft suites.”
“If all goes to plan with grants and planning we anticipate a start on site in the Autumn of 2018 and should reach completion towards the end of 2019.”
The project is supported by a grant from Liverpool City Region’s Single Investment Fund and has the backing of Wirral Council.
The leader of Wirral Council, Councilor Phil Davies, said: “More news of large-scale developments at Wirral Waters is extremely welcome. Building new homes, creating jobs and improving our local communities and neighbourhoods lies at the very heart of our regeneration and economic growth plans. Coming so soon after major housing developments have been announced, and alongside our own plans with Wirral Growth Company, it is an exciting time for our borough.”
Because we are part of the Mersey Waters Enterprise Zone, the local authority can retain 100% of business rates from tenants, but on the understanding that the rates are then reinvested back into the Enterprise Zone to create jobs, rates and homes. Not only is this an innovative model, but is also necessary to create a recyclable fund which will benefit the area.
Comprising of more than 500 acres of former Birkenhead docklands, we’re aiming to transform the area into an internationally recognisable destination where innovation, sustainability and industry thrive.
Our 30-year strategy focuses on enabling global companies to trade alongside businesses from the Wirral and Liverpool, creating more than 20,000 permanent new jobs.