A new residential development at the former International Garden Festival site could move a step closer this week.
Liverpool’s cabinet will discuss recommendations this Friday (10 June) for proposed remediation works to extract waste from a nine-acre site which could house 85 new properties.
According to a report to be presented to the cabinet, a Liverpool City Council study has identified areas to the north of the Festival Gardens site, adjacent to the Britannia Inn, which contain a “lower content of waste content” compared to the rest of the site, making them the preferred area for new homes.
The report adds that it would cost circa £4.88 million to remediate the area, with a budget of £5.88m recommended to cover additional costs of extracting, processing and the off site disposal of the waste.
Independent land valuations have said the land could be worth in the region of £9m and could provide a “low rise development of approximately 85 houses” generating the council a net receipt “in the region of £3m”.
Contractors are currently working with the council to clear part of the site where there is overgrown vegetation ahead of any remediation works commencing in the autumn. Once cleared, the space could be used for events during the summer, prior to remediation and development activity beginning.
The council has been working with its strategic housing partner Redrow on a wider masterplan for the site at Riverside Drive since last year when plans from Langtree to build more than 1,300 homes fell through. Current outline planning permission for 1,380 houses at the site extends until December 2022.