16th May 2014
Angela Juszczyk
The redevelopment of Anfield Stadium has been a long-debated topic. Recently, the redevelopment of the stadium and the regeneration of the wider area have taken another step closer to realisation with the announcement of compulsory purchase powers.
The £260 million planned regeneration was approved in October 2013. The development is in partnership with the private sector housing partner, Keepmoat. Keepmoat has delivered the first two phases and is nearing completion on the third, which will provide a total of 398 new homes in the area. In order to imitate the fourth phase of development, council leaders are now invoking compulsory purchase powers in order to acquire the remaining 23 properties and sites in the Anfield area.
Mayor Joe Anderson stated that: “Throughout this process, it has been clear that we would only use CPO powers as a last resort or if it was not possible to identify the owners of the properties in question. Completing the CPO will have a hugely positive economic impact on the Anfield area, and there is a compelling case that we use these powers in this instance.”
The announcement of CPO powers could mean the progression of the regeneration by October 2014, if no objections are raised. The Council is looking to make the CPO by the end of May 2014.
The Compulsory Purchase Law’s compensation rights will be available to the remaining 23 owners.
It is crucial that you hire a CPO specialist if you are a business owner or own property that is subject to the Anfield CPO in order to ensure that you receive accurate information and compensation. Please do not hesitate to contact Roger Hannah & Co who can assist in all CPO matters and compensation claims.
Further information regarding the scheme can be found at:
http://www.anfieldproject.co.uk/