Deloitte chosen to advise Liverpool on its 10-year investment policy

Liverpool City Council has appointed Deloitte to advise on the city’s development and investment potential for the coming decade.

The UK consultancy, supported by Planit, is to help draft a 10-year framework to release Liverpool’s development potential in the 21st century and drive a multibillion-pound investment boom.

The aim is to create a route map for Liverpool to become one of the UK’s major economic powerhouses and build on the principles set out in the recent Liverpool Strategic Futures Advisory Panel report.

This vision document, to be launched in the summer, will align key development and infrastructure opportunities to industrial and economic synergies in a bid to bring forward development in a comprehensive approach, with placemaking at its core.

A key focus of the work will be to identify key development sites in the city’s development pipeline which will be used to inform a place-based approach to regeneration.

Planit will support this element by providing urban design, planning and architectural input to the strategy.

Together with improved transport infrastructure the goal will be to redefine Liverpool’s current investment offer and boost activity in fundamental key sectors, driving the city’s productivity and growth.

The work by DeloitteUK will be both informed and supported by the city’s existing Local Plan, which predicts Liverpool’s population will grow by more than 45,000 by 2034, as well as complementing future prosperity-policy building blocks such as the upcoming waterfront strategy and transport plan.

The Liverpool Strategic Futures Advisory Panel, chaired by Liverpool City Region Mayor Steve Rotheram, published its findings as part of its final report to support the city on its improvement journey last week (March 22).

The Panel emphasised the need for strong, unified place leadership and collaborative partnership working as essential ingredients for sustainable growth.

Steve Rotheram said: “This report is a culmination of nearly two years of hard work and collaboration. While we engaged with people from a range of experience and backgrounds, we were united in a common mission: ensuring that the city we love has a long term plan for success.”