EVERTON FC’s new stadium at Bramley-Moore Docks could lead to “transformational regeneration of north Liverpool and south Sefton” according to a recent report.
The Blues were recently successful in getting a £45million grant from the Liverpool City Region Combined Authority as they press ahead with plans to build a new stadium at the north Liverpool docks.
A report sent to the Combined Authority as part of the funding application states: “The project provides the opportunity for transformational regeneration of north Liverpool and south Sefton/Bootle areas.
“It comprises a number of elements: the new stadium at Bramley-Moore Dock, the Goodison Legacy Project; and wider and accelerated regeneration of the Northern Docks area, alongside expanding the outreach of Everton in the Community’s activities.
“The stadium is anticipated to attract further investment in the Northern Liverpool Docks area in a way no other commercial project is likely to achieve with wider impact spreading into adjacent areas such as south Sefton.”
As part of the £45m grant, £15m will assist with infrastructure and heritage work including preserving historic features, restoring derelict land and providing public access to the docks.
A total of £30m will also contribute towards the overall project to build the 52,888-seat stadium.
The wider stadium project will be a vital catalyst for regeneration of Liverpool’s north docks and the area around Goodison Park.
Everton forecast the project will offer a boost of more than £1billion to the city region’s economy, attract 1.4million visitors to the region each year and deliver an additional £237million.
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As a condition of the Combined Authority funding, Everton has committed to targets for employment and training opportunities for local residents.
As well as providing jobs and apprenticeships and stimulating the area’s regeneration, the loan offers a return on investment, plus interest that could be used to fund other projects and services across the city region.
The stadium will take around three years to build and will become one of north of England’s largest construction projects.
Overall, the project will create up to 15,000 jobs including new roles at the completed stadium and employment linked to a projected increase in visitors to the city region.
The stadium move will also kickstart the Goodison Legacy Project which will redevelop the club’s existing ground into a mix of housing, retail, office space and facilities for the community.