The start of construction work on Everton FC’s new stadium in Liverpool later this year could help boost economic confidence in the wake of the coronavirus pandemic.
Director of the Northern Powerhouse Partnership Henri Murison believes the project will kick start the economy in the Merseyside region and beyond. Murison said:
The confidence point is really important. Clearly the priority is protecting people’s health but you will have seen what the chancellor said about how we keep the economy going. There are significant projects like the stadium in north Liverpool which will make a big difference to the economy, not just in Liverpool but the wider north. Investments like this will unlock real economic potential.
If we can control the virus while keeping the economy going then yes, government investment will keep us going in the next few months but there is absolutely a role for mega-projects like this. The economic value of this development is significant in the construction phase but the economic value it will generate all through the year, not just when football is being played, is the reason why it is so important.
Work on the new stadium is expected to start in the final quarter of this year and builders Laing O’Rourke do not foresee any problems in terms of labour from September onwards.
In December 2019, Everton revealed its final stadium designs ahead of the submission of a detailed planning application, which is expected to be determined by Liverpool City Council in the summer of 2020.
At the heart of Everton’s proposals is a stunning brick, steel and glass stadium design which takes its inspiration from the historic maritime and warehouse buildings nearby. Designed by MEIS architects, the stadium structure combines the historic and modern, with the brick base incorporating a subtle nod to Goodison Park’s famous Archibald Leitch lattice work, while the dynamic roof structure is made from steel and glass, giving the stadium a modern finish.
The proposed waterfront stadium comprises four distinctive stands, including a large, steep ‘home end’ which will house 13,000 passionate Evertonians.
Everton’s plans for the new stadium, which will sit within Peel L&P’s Liverpool Waters site, would have a transformational impact on North Liverpool, kick-starting the regeneration of the northern docklands, contributing a £1bn boost to the city region’s economy, creating up to 15,000 jobs and attracting 1.4 million visitors to the city each year.