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Liverpool Innovators: Unlocking the Future of Existing Buildings

Part of Insider’s Liverpool Innovators series, this roundtable brought together leaders from across the built environment, innovation ecosystem and public sector to explore how reuse and retrofit can help shape a more sustainable and future flexible Liverpool City Region.

With rising development costs and ongoing challenges to new build viability, the discussion focused on repurposing the city region’s existing buildings to deliver low carbon, adaptable space across sectors. The session examined retrofit as both an environmental opportunity and a practical response to economic and development pressures unique to Liverpool.

I think the biggest issue we’re seeing in the industry is that while the big aspirations are there, it unfortunately comes down to cost. Certainly, in respect of retrofit and refurbishment, there’s the cost risk, and then ultimately the end ownership, in terms of the risk of that building. Maybe we need incentives there to ensure that aspiration is fulfilled, whether it’s financial, or training is delivered, whatever that looks like, I think that is the key to making sure that big picture plans are realised.

Chris Aitken-Smith
Associate Architect, K2 Architects

Overall, the discussion highlighted a clear consensus that retrofit and reuse will play a critical role in Liverpool City Region’s future development. While the environmental and economic case for unlocking the potential of existing buildings is widely recognised, participants agreed that significant challenges remain around cost, risk and delivery. Realising the region’s ambitions will require stronger collaboration between the public and private sectors, alongside the right incentives, skills and policy frameworks to give investors, developers and occupiers the confidence to embrace innovative approaches.

Read the full article here