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Operational review by James Whittaker

Executive Director of Development

Throughout 2021, development activity continued on all Peel Waters regeneration sites and significant value growth was delivered, especially within our Industrial and Logistics portfolio. 

We delivered and facilitated the construction of over 750 new homes alongside quality public realm, open space and created thousands of local jobs. 

The team delivered the ‘Hythe’ at Wirral Waters, a 30,000 sq ft Grade A sustainable office building which is already partly occupied. Also at Wirral Waters, we continued to progress building 30 modular homes as the first phase of new home delivery, with completion due in Autumn 2022. 

At Liverpool Waters, we completed the land sale to Everton FC for their new stadium at Bramley-Moore Dock, helping to regenerate the northern part of Liverpool City Centre, which is making good progress on-site. Construction work also continues on the new Isle of Man ferry terminal which will complete in 2023 providing further infrastructure improvements. 

At TraffordCity, planning approval was secured for a Wavegarden surfing facility whilst the construction of a Therme Health and Wellbeing Spa resort was deferred to 2023. Tim Hortons and Fives’ new five a side soccer facility commenced works that are due for completion in Summer 2022. 

Construction of X1’s third tower at Manchester Waters has commenced after selling out the first two phases. On the gateway into Pomona Island at Cornbrook a reserved matters planning approval was secured for a hotel and serviced apartments development. 

At Chatham Waters in Kent, we completed the 193 build-to-rent residential scheme for Long Harbour that is well occupied. Detailed planning applications were secured for a 237 unit affordable housing scheme to be delivered by Peel L&P, in partnership with Legal & General Affordable Housing and Montpellier Estates for an elderly living care facility providing a range of tenures on site. 

At Glasgow Waters, we are awaiting approval to the masterplan that will see 1,100 homes, plus a hotel and leisure facilities realised for this prominent riverside location. Heads of Terms were also agreed with Therme Health & Wellbeing Spa on the Glasgow Harbour site that has the benefit of planning for over 500,000 sq ft of retail and leisure uses. The proposed residential scheme at Beith Street was appealed following a planning refusal for 420 homes. In Greenock, James Watt Dock Marina continues to flourish, with major infrastructure works to open up the remainder of the site planned for 2022/23.

The team delivered ‘Hythe’ at Wirral Waters, a 30,000 sq ft Grade A sustainable office building

A successful launch of our Hythe workspace, already partly occupied

"In 2021, we delivered and facilitated the construction of over 750 new homes alongside quality public realm, open space and created thousands of local jobs."


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