Everton Football Club’s proposed waterfront stadium will put a global spotlight on Liverpool’s northern docklands, according to the nearby Titanic Hotel.
The Stanley Dock based hotel, spa and restaurant complex has welcomed Friday’s (31 March) approval for Liverpool City Council to financially support the project on Bramley Moore Dock.
The football club had recently heads of terms with Peel Land and Property to acquire the waterfront site, which forms part of the £5 billion Liverpool Waters regeneration scheme and has played host to the Liverpool Sound City festival in the past two years.
Cabinet members have now agreed that the local authority can set up a new Special Purpose Vehicle (SPV) company which will take a lease of the stadium from a funder and, in turn, sub-lease it to Everton.
Responding to the progress for the stadium, which is anticipated to cost in excess of £300 million, Brian Connor, general manager at Titanic Hotel Liverpool, says: “The stadium is certainly going to add great vibrancy to the area and further connect Stanley Dock and indeed Titanic Hotel with the city.
“The new stadium will potentially bring with it a new train station, new roads, new bus routes and street scene that will certainly benefit our guests and the hotel overall.
“The arena, coupled with the new Ten Streets programme will accelerate development in the area and we are looking forward to welcoming new businesses and new opportunities. An iconic, international stadium facing the River Mersey will bring this area of Liverpool into its own and recognisable worldwide.”
Mayor of Liverpool, Joe Anderson says the move is “a great step forward for Everton and it’s a great deal for the city of Liverpool”.
He adds: “This new stadium has the potential to kick-start the regeneration of the area and will provide a massive boost to the city’s economy.
“The ball is now in Everton’s court to sort the finance package and design a stadium that will make the world sit up and take notice.”