Liverpool Knowledge Quarter: The Challenge
The Liverpool Knowledge Quarter, including the transformative Paddington Village expansion site, is a cornerstone of Liverpool’s One Public Estate (OPE) programme and a major economic catalyst for the Liverpool City Region.
Despite boasting a £23.1 billion economy, the region continues to underperform compared to national economic benchmarks. The Gross Value Added (GVA) per capita stands at only 75% of the UK average, a gap that has persisted for over a decade. This disparity has resulted in an £8.2 billion economic shortfall.
Additionally, there is a pressing need to construct nearly 30,000 homes between 2013 and 2033. To bridge this gap, it is imperative that all large-scale developments, including those within Knowledge Quarter Liverpool (KQ Liverpool), contribute to achieving this ambitious housing target.