Urban Waterfront Regeneration in the Mersey Basin, North West England

Robert Wood and John Handley

Journal of Environmental Planning and Management, 1999, vol. 42, issue 4, 565-580

Abstract: The economic decline of traditional dockland areas has released considerable areas of land for redevelopment, much of which is close to the heart of city centres. The property development industry has capitalized upon these assets to the extent that port-related redevelopmentis a common feature throughout North America and Europe. This paper explores the experience of the Mersey Basin in North West England which, under the Mersey Basin Campaign initiative, has sought to explicitly connect improvements in water quality to economic regeneration. A small survey of commercial property valuers was used to explore this relationship and revealed the importance of water in the property development process, through potential increases in value and an enhancement of the marketability of property adjacent to water. Equally, improved water quality is revealed as an important precursor to waterside economic regeneration. Here, investment must, as with the preparation of derelict and contaminated land for redevelopment, be regarded as a public good, nurturing good water quality as an asset for the benefit of future generations and as a part of realizing the full potential of waterfront regeneration.

Date: 1999
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DOI: 10.1080/09640569911064

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