Peel unveils £5.5 bn regeneration plan

UK-based property and transport company Peel has unveiled plans for a £5.5 bn regeneration plan in Liverpool, north-west England. The development will comprise almost two million m[sup]2[/sup] and include the creation of over 50 mixed-use buildings, many of which will have more than 50 storeys. The buildings will be self-sufficient in terms of energy, generating power through wind turbines. The plan will also feature 23,000 new homes, four hotels and involve the conversion of the Jesse Hartley historic clock tower at Salisbury Dock into two skyscrapers.

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