Liverpool council has agreed to create a Special Purpose Vehicle to transfer 63 acres of council land into a partnership between them and public-private firm InPartnership.

The vehicle, which is called InLiverpool, will look to develop a new residential scheme on the Boot Estate in Norris Green. The master plan for redevelopment was first approved in 1999.

It will seek to create partnerships with private sector developers, such as Countryside properties, and residential social landlords.

All profits made by InLiverpool will be reinvested into further regenerative projects such as new schools and village centres.

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