Issue details
Wirral Waters Investment Fund - Egerton Village - Variation to grant recipient
At its meeting on 4th March 2021, Economy, Regeneration and Development Committee approved the grant of £1,750,000 of Wirral Waters Investment Fund (WWIF) viability support for Egerton Village. The grant is to enable the development of 14,671 sq ft of commercial floorspace to support key sector development at the Four Bridges area of Wirral Waters. Egerton Village will serve existing and new businesses and communities, students, visitors and residents by providing much needed amenity space including an appropriate food and drink offer as well as providing studio and workspace accommodation.
Given the time that has elapsed since the grant was approved, the owners and developer Peel Land and Property have provided updated information in terms of the named Peel subsidiary Company that will undertake the development. This will represent a change from the Committee approval and hence the reason for this report. Peel is still committed to progress the development and the need for the grant remains.
Decision type: Non-key - Low
Decision status: Recommendations Approved
Wards affected: Bidston and St. James;
Notice of proposed decision first published: 29/06/2022
Decision due: 29 Jun 2022 by Director of Regeneration and Place
Lead member: Councillor Tony Jones, Chair of Economy, Regeneration and Housing Committee tonyjones@wirral.gov.uk
Lead director: Director of Regeneration and Place
Department: Delivery
Contact: Alison Pritchard, Regeneration Project Manager Email: alisonpritchard1@wirral.gov.uk.
Decisions
Documents
- Wirral Waters Investment Fund - Egerton Village - Variation to grant recipient