What is the story about?
What's Happening?
Construction has commenced on the second phase of the Atlantic Park logistics and manufacturing site in Bootle, north Merseyside. This £42 million project, led by Royal London Asset Management Property and Winvic Construction, will add 420,000 sq ft of commercial space across three units. The site, strategically located within the Port of Liverpool Freeport zone, aims to enhance connectivity for logistics operations. The development is expected to support 1,125 jobs, including 140 new roles, and generate significant economic benefits for the Liverpool City Region.
Why It's Important?
The expansion of Atlantic Park is a significant boost to the local economy, providing job opportunities and supporting regional growth. The project's location within the Liverpool Freeport Customs Zone offers advantages such as streamlined customs processes and tariff exemptions, making it an attractive site for businesses. The development aligns with broader economic strategies to enhance trade and investment in the region, contributing to a more robust and diversified economy.
What's Next?
The construction of Phase 2 is expected to be completed by summer 2026. As the project progresses, it will continue to create employment opportunities and support local businesses. The success of this phase could lead to further development and investment in the area, reinforcing the region's position as a key logistics and manufacturing hub.
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