Only until a few years ago has this dichotomy between degeneration and regeneration existed. As the Baltic Triangle Manifesto points out, in order for this barren land to become regenerated and in a sense gentrified, we have to “fill the area with creative, industrious and pioneering people and the rest will follow”. The area has too attracted these kinds of people, mainly due to the fact that space here is around 20% cheaper than in the heart of the city centre, but also, the types of space available are very unique and more suited for creative businesses. The likes of the 200 year old Grade II listed warehouse (home to Elevator Studios), and the converted warehouse of The Baltic Creative which uses wooden sheds instead of offices, is brimming with (just to name a few typed of business) app developers, musicians, entrepreneurs. This on-going process of attracting these kinds of people has meant that it is succeeding in being the heartbeat of our creative and technological sector and is quickly becoming a private sector community that is helping Liverpool to preserve its unique identity and to become a leader in creative business in Europe.
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Source: Independent Liverpool