What is the story about?
What's Happening?
Royal London Asset Management Property and Winvic Construction have commenced the second phase of development at Atlantic Park, a logistics and manufacturing hub in Bootle, north Merseyside. This phase involves a £42 million investment to deliver 420,000 sq ft of commercial space across three units. Located within the Port of Liverpool Freeport zone, Atlantic Park offers strategic connectivity for domestic and international logistics operations. The development is expected to inject £62.9 million annually into the Liverpool City Region economy and support approximately 1,125 jobs.
Why It's Important?
The expansion of Atlantic Park is significant for the regional economy, providing substantial employment opportunities and enhancing the area's role in global supply chains. The site's location within the Liverpool Freeport Customs Zone offers streamlined customs processes and tariff exemptions, attracting businesses seeking efficient logistics solutions. The development aligns with sustainability goals, featuring BREEAM 'Excellent' standards and contributing to Royal London's ambition for net zero operational buildings by 2030. This project exemplifies the potential for economic growth through strategic infrastructure investments.
What's Next?
Construction is expected to be completed by summer 2026, with ongoing support for local employment during the development phase. The project will continue to engage local suppliers and promote apprenticeships, fostering skills development in the region. As Atlantic Park becomes fully operational, it will likely attract more businesses, further boosting the local economy and reinforcing Liverpool's position as a key logistics hub.
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