Liverpool set for real estate boost with new cruise terminal
Transactions - AUGUST 30, 2019

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Liverpool set for real estate boost with new cruise terminal

by Marek Handzel

Authorities in Liverpool, England, have voted unanimously in favor of the construction of a new cruise terminal in the city that could significantly boost the city’s retail and hotel real estate sectors.

The 10,000-square-meter (108,000-square-foot) terminal will be based within the city’s northern docks and will enable the world’s largest cruise ships to embark and disembark at Liverpool, providing a world-class experience for cruise companies and passengers. It also is expected to generate new investment into the tourism and retail economy of the northwestern English city and directly create a number of local jobs.

Built on a suspended deck on steel piles in the River Mersey, the new terminal will span two floors. It will have a baggage hall on the ground floor, and a passenger lounge, café and check-in on the first floor. The scheme also will include new public open space, hard and soft landscaping, and associated car and coach servicing arrangements.

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