The award-winning Millers Quay residential development at Wirral Waters is now complete, transforming the Wirral skyline, delivering 500 high quality, new homes for local residents, and providing a huge boost to the local economy.

An exemplar of brownfield regeneration and a pioneer in modern, sustainable construction, Millers Quay is a landmark development within Wirral Waters, which itself is one of the UK’s largest and most innovative regeneration projects, delivered by waterside regeneration specialists Peel Waters.

This transformative project, procured through the PAGABO framework, has been delivered on time and on budget by Peel Waters, the developer of Millers Quay, in partnership with construction group GRAHAM, funding partner Pension Insurance Corporation plc, and Wirral Council, with support from Homes England.

Millers Quay has been commended for the social impact delivered within the local community throughout its construction. The development has provided significant socio-economic benefits, including £31m in Social Economic Return on Investment (SROI) and £44m spent with local supply chain partners. Over £1m per month has been invested in local labour, with well over 1,000 people employed on the project and almost 75% of the workforce living within a 30-mile radius of the site.

GRAHAM’s innovative CRE8 programme, delivered at Millers Quay, provided meaningful training and employment for local individuals, with most participants securing employment following their placements. Over 400 students from Wirral Met College’s Construction Campus – Peel Waters first development at Wirral Waters - have also benefitted from Millers Quay, with students taking part in site tours, Q&A’s with site managers as well as the opportunity to complete a variety of on-site work placements.

With the bold design and extensive views across the water, combined with sustainability and energy efficiency credentials including solar power systems and air source heat pumps, the £130m Millers Quay development has already received an extremely high volume of enquiries and viewings.

Last summer, the first two blocks of Millers Quay - Copper Mill and Steam Yard – were completed. These 150 one- and two-bedroom apartments were all let within just three months. Now, the final 350 new homes within four blocks - Soda Factory, Salt House, Glaze Works and Lime Studio - are also complete bringing the construction of Millers Quay to an end.

Millers Quay is part of the emerging Northbank neighbourhood at Wirral Waters, where contemporary and sustainable urban living is surrounded by green spaces and dockside walkways.

Richard Mawdsley, Development Director at Wirral Waters, said:

“The construction of Millers Quay has been driven by a really solid collaboration, with each partner instrumental in its delivery. We couldn’t have done it without the support, financial backing and expertise provided by our funding partner Pension Insurance Corporation plc (“PIC”), construction firm GRAHAM, Homes England, and Wirral Council.

Jess Adams, Senior Investment Manager at PIC Capital, commented:

“We are incredibly proud to mark the completion of this transformative project, which signals the beginning of a new era for an area that was once considered unsuitable for housing. Millers Quay is a true testament to the impact of strong partnerships, with Peel Waters, PIC, GRAHAM, Homes England, Wirral Council, and Wirral Met College all playing a crucial role in bringing this vision to reality.

“This collaborative public-private partnership approach is essential to unlocking regeneration and addressing the UK’s pressing housing needs, whilst also supporting PIC’s core purpose of delivering secure, long-term, inflation-linked cash flows to pay our policyholders’ pensions over coming decades.

Councillor Paul Stuart, Leader of Wirral Council said:

“Seeing Miller’s Quay come to completion is a pivotal moment for Wirral’s regeneration, and showcases what can be done when partners come together to bring forward innovative developments that have the community at their heart.

“This project is a fantastic example of brownfield redevelopment, delivering high quality sustainable new homes and some much-needed affordable housing, but equally importantly, creating new jobs, boosting the local economy and upskilling the next generation of workers.”

Peter Reavey, Regional Director at GRAHAM, said:

“The completion of Millers Quay is a proud moment for everyone involved. This project not only delivers high-quality homes but also demonstrates our commitment to creating positive, lasting impact in the communities where we work. The opportunities we’ve provided for local students and the support for local businesses highlight the broader benefits of developments like these.”

Dame Angela Eagle DBE MP, commented:

"The completion of Millers Quay marks a significant milestone for our community. This transformative project not only provides much-needed homes but also plays a crucial role in revitalising our local economy. It stands as a powerful example of the success that can be achieved through public-private partnerships.

"The project has also made a meaningful social impact. Nearly 75% of the workforce comes from within a 30-mile radius, ensuring that local people are directly benefiting from this investment. Additionally, Millers Quay has provided invaluable opportunities for 400 students from Wirral Met College, offering them hands-on experience through site tours and Q&A sessions with site managers.

"Designed with sustainability at its core, Millers Quay utilises low-carbon technologies to reduce emissions, ensuring all homes are resource-efficient and built with the environment in mind. This development is a beacon of sustainable growth that other projects should aspire to emulate.