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Wirral
Waterfront is the largest
regeneration initiative to
take place in Wirral to date. It is implementing an exciting, comprehensive strategy to regenerate Wirral’s Mersey
shoreline, from New Brighton in the north to Eastham in the
south. The initiative began in November 2000, when
the Government approved £20
million of funding from its sixth and final allocation of
Single Regeneration Budget resources. The ambitious programme
of improvements will run until the end of March 2008.
The aim of Wirral Waterfront is to match Wirral’s needs to its opportunities. The initiative will increase the competitiveness of the Employment Corridor, stretching the length of the Mersey coastline, in order to maximise economic opportunities. While this is happening, the Wirral Waterfront initiative will also ensure that the residents of one of Wirral’s
most deprived communities, Birkenhead, together
with other targeted socially excluded groups,
are able to access the opportunities created
within the Employment Corridor.
The governing
principle of the Waterfront
initiative is the need for individuals and organisations
to work in close partnership to achieve common
goals of economic regeneration and improving
the quality of life for local residents. To make
this partnership principle a reality Wirral Waterfront
is being managed by a Board of representatives
from private businesses, local community groups,
voluntary sector agencies, as well as public
service providers such as Wirral Borough Council
and Wirral Primary Care Trusts.
Wirral Waterfront began with the successful bid for Single Regeneration Budget (SRB), but plans to attract other funding during the lifetime of the initiative to the tune of £125 million. This includes a total £20 million of European funding, following the Waterfront area’s designation as one of seven “Strategic Investment Areas” across Merseyside – what this status means is that the area is recognised by the Government as Wirral’s main area of economic opportunity.
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