The Baltic Triangle, known as Liverpool’s new creative hub, is a small area that lies on the southern end of the City Centre. Historically, the Baltic Triangle used to be a warehouse and workshop district that handled goods at the docks and was also a flourishing industrial area. The area is now undergoing regeneration and is rapidly developing with a wide range of digital and creative industries. The Baltic Triangle is also bordered by areas that have already seen or are about to see substantial investment in renaissance, such as Kings Dock, Liverpool One, Chinatown, Ropewalks, and Sefton Street Corridor. Due to the following characteristics, The Baltic Triangle has become of the best places for aspiring entrepreneurs.
Over time the Baltic Triangle has attracted creative industries, community organisations and small start-up companies that provide employment in the area with new businesses popping up on a regular basis. With the upsurge in creative industries and digital media companies over the recent years, a new breed of employers has been attracted into the area.
Environment and Heritage
The Baltic area is rich in historical dock buildings and warehouses of considerable character that symbolize landmarks which contribute positively to the streetscape of the area and attract new investment. Additionally, most of the streets running east-west have a gentle slope down to the waterside, giving a beautiful framed view of the docks that are appreciated by visitors and residents alike.
The Baltic Triangles proximity to major routes and roads through and into the city centre enables it to be easily accessible by road. The area’s docks and waterway systems offer opportunities for developments, which are of value to the area because they attract new businesses and residents.
Food and Entertainment
The Baltic Triangle is one of the coolest place to live in Britain and has a number of cafes, food markets, restaurants, and bars. There are numerous historic warehouses with inexpensive rents within the Baltic Triangle area, such as the Furnace and Baltic Social, which provide large desirable event venues that are ideal for hosting music events, performance art, nightclubs, and art workshops.
Creative and Tech Hub
The Baltic Triangle is an area full of creativity and is home to Liverpool’s new Tech City, which is expected to contend with London for investment, reputation, and innovation. The port city is being flocked with creative companies, including ad agencies and games developers that want to open new offices or set up base. Consequently, they are attracting a new community of creative, entrepreneurial-minded, smart young people into the city. With a thriving startup culture and numerous investments, the creative industries in the area contribute millions to the economy of the region.
The Baltic Triangle is an area that is very popular with the influx of students seeking university education and young professionals seeking working opportunities after studies. This creates a huge demand for people looking for rental housing and other amenities. The regeneration trend in the Baltic Triangle is not only exciting but also necessary so as to facilitate the inflow of workers and students who want to live in the area.
The Baltic Triangle is one of the most sensational and fast-growing areas in Liverpool. Once a shabby workshop and warehouse place, the area is now a cutting-edge and flourishing destination with a number of creative and digital businesses. In contrast to other cultural areas of Liverpool, the Baltic Triangle is not refined and prepared, but raw and exciting. It is one of the hippest destinations in Britain with many developments underway. The main opportunities and strengths of the Baltic Triangle lie in its capacity to act as a cultural hub, its proximity to the city centre, independent businesses popping up, excellent transport connections, unique buildings and warehouses, and its comparatively cheap property. This factors make the place a true gift for both small and large scale entrepreneurs seeking for opportunities to invest.