The Stonebridge Cross site spans 55-acres (Image credit: Liverpool City Council)
A development partner is being sought for the Stonebridge Cross site in Liverpool, which is one of the city’s largest remaining regeneration opportunities.
Liverpool City Council’s cabinet has approved plans to bring the site to market as a major employment-led mixed-use development.
The decision gives officers delegated authority to appoint a specialist marketing agent and begin the process of securing a development partner to create a comprehensive masterplan for the 55-acre council-owned site on the East Lancashire Road (A580).
Stonebridge Cross has long been identified as a strategic development site and has the potential to deliver significant new employment space, around 220 homes, local jobs and wider regeneration benefits for Croxteth and neighbouring communities.
The council agreed that the site should be marketed on an employment-led basis, with an indicative 70 per cent employment and 30 per cent residential split.
The site will now be marketed nationally through a specialist agent, with bids assessed against a framework that considers employment creation, housing delivery, design quality, social value, environmental performance and overall public benefit.
Cllr Nick Small, cabinet member for growth and economy, said: “Stonebridge Cross is one of the most important regeneration opportunities currently available in Liverpool and I’m delighted Cabinet has approved this next step in bringing the site forward.
“This decision will allow us to test the market and attract developers who can help realise our vision of creating new jobs, new homes and long-term investment in Croxteth.”