The scheme will transform the economic fortunes of Birkenhead and Wallasey, as well as Wirral and the broader Liverpool City Region and see iconic landmark buildings constructed along the waterfront opposite Liverpool, offering a stunning counterpoint to the city's world-famous Three Graces.
Peel, which owns the Trafford Centre, Liverpool John Lennon Airport and Mersey Docks, plans to create a world class mixed-use waterfront development providing major benefits for the local economy with a massive increase in tourist business and a flood of inward investment to the area.
Birkenhead docks comprises more than 500 acres within which Wirral Waters represents a £4.5 billion investment, creating tens of thousands of jobs during construction (which will span some 30 years), and approximately 27,000 jobs when complete.