Benefits
This project supports the continuing regeneration aims of partner organisations for the Liverpool waterfront and Central Docks. The Link will allow navigation for canal craft throughout the Liverpool waterfront and assist to animate the waterspace in the South Docks. The presence of activity will add vibrancy to the area. These benefits include:
- An estimated 200,000 extra visitors annually to the Liverpool waterfront, spending an extra £1.9million each year.
- Over 4,500 boat movements each year including visiting private, holiday hire, trip and restaurant boats.
- An estimated £2.2million in expenditure annually on boating related activities.
- 187 person years of temporary construction related employment.
- 173 net additional local jobs.
- An estimated £3.3million per annum in net additional gross value added to the local economy.
- An increase in property prices in the immediate canal link area and wider corridor.
- Wider socio-economic impacts such as an improved city image, added interest to the Mersey River Festival, increased access to heritage and interpretation, and increased recreation and amenity resources for the area.