£1bn per year GVA boost estimated impact of regeneration proposal
New information about Lagoon Hull, the city’s biggest regeneration proposal in a generation has been released showing how it will transform the area into a must-visit destination and one where people love to live.
The latest phase of the £1.5 billion development on the Humber Estuary has been developed by the project team to provide a greater understanding of how the vision will become a reality and show what people can expect from the proposed eight-mile causeway which has announced in 2019.
According to the information Lagoon Hull will provide an estimated economic boost of up to £1bn GVA per year, by creating 19,000 new jobs. It will also provide a new relief road and 100 per cent flood protection between the Humber Bridge and the Port of Hull, while unlocking the waterfront to build new communities and develop leisure opportunities.
In the latest information release it’s been confirmed the development will be split into four key zones including; the city zone, living zone, nature zone and port zone.
Each area will provide specific benefits with the city zone described as extending the city “to the water’s edge and beyond”, providing boating and watersports opportunities for residents and tourists as well as potential floating art and research centres, alongside new bars and cafes. The living zone will see derelict land either side of St Andrew’s Quay transformed into vibrant, sought-after residential areas, the nature zone opportunities for Lagoon Hull’s are described as “endless” and will see the protection of existing and creation of new habitats for the Humber’s wildlife
Finally the port zone will see the city benefit from increased port capacity, with extended transport links available for both goods and logistics. Space for two significant new dock spaces will allow the Humber’s green industries to further flourish while vital green space areas and habitats will be built into the dock edge to ensure a symbiotic environment for business and nature to thrive alongside each other.
Paul Hatley, Lagoon Hull project director, said: “Lagoon Hull is a project for everyone and I am excited to be able to reveal more of our vision with the people who matter most – the people of the Humber.
The four zones will make sure all of our key aims are achieved while also giving plenty of space to give something back to our communities. While this announcement gives everyone a clearer vision of how Lagoon Hull will look, this is by no means final. I am still keen to hear ideas for what residents would like to incorporate into the Lagoon Hull vision to make sure we make the very most of this once in a lifetime opportunity.
The concept was developed by the Lagoon Hull project team in collaboration with 2B Landscape Consultancy.
Bill Blackledge, managing director of 2B Landscape Consultancy said: “I have enjoyed working on the zoning plans for the Lagoon Hull project from a landscape perspective, whilst considering the biodiversity, amenity, recreation, business and transport elements that must be factored in to make it a success.
“It’s an extremely exciting project that I believe must be explored further, as it has many merits that could have significant, wide-ranging benefits for the region on a number of fronts, but it also faces some notable challenges. I am looking forward to thorough discussions about both concept and detail.”