The government has allocated the funding for Peel's Central Docks development, which is part of Liverpool Waters
A developer working on Liverpool's Central Docks has called for scrutiny on how £55m of newly-allocated public money is spent, citing its own experiences on the project. It comes as Liverpool City Council is set to receive a £55m investment boost from the Treasury for the Central Docks development scheme, as the new Labour government looks to unlock stalled housing schemes .
Peel sought to charge us £695,000 to bring power to our next two blocks, which we felt was an unfair apportionment of the costs they would face. We spoke with Scottish Power, and they were able to give us access to the same quantity of power for £11,000. “We’ve asked Peel for a breakdown of their costs, but none has been forthcoming. That’s quite a difference and I worry that maintaining such a stance will deter other developers from moving forward on Central Docks.
Liverpool City Centre Property The Peel Group
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