{"id":6106847,"date":"2025-11-26T11:00:42","date_gmt":"2025-11-26T10:00:42","guid":{"rendered":"https:\/\/www.buyassociationgroup.com\/en-gb\/?p=6106847"},"modified":"2025-11-26T11:00:42","modified_gmt":"2025-11-26T10:00:42","slug":"joint-liverpool-manchester-olympics-bid-could-unlock-a-wave-of-property-and-infrastructure-investment","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/joint-liverpool-manchester-olympics-bid-could-unlock-a-wave-of-property-and-infrastructure-investment\/","title":{"rendered":"Joint Liverpool\u2013Manchester Olympics bid could unlock a wave of property and infrastructure investment"},"content":{"rendered":"

Liverpool and Manchester are reportedly considering a joint bid for the 2040 Olympics. The idea was first mooted by the Heseltine Institute, but it is now being discussed at political level, and has now been given the backing of Greater Manchester Mayor Andy Burnham and Liverpool Council Leader Liam Robinson.<\/h2>\n

Hosting the Olympics would bring regeneration on a vast scale to the region, from major transport and infrastructure upgrades to a significant rise in house and infrastructure building and the wholesale reshaping of many areas.<\/p>\n

How far has the idea progressed?<\/h2>\n

Former Liverpool mayoral candidate and journalist Liam Fogarty has been commissioned to assess what a two-city bid would require, including potential venues, transport requirements, land availability and the feasibility of hosting across two different locations.<\/p>\n

London 2012<\/h2>\n

To understand the scale of development that comes with hosting the Games, you only have to look at what happened to East London in 2012. Analysis puts the total economic impact of the Olympic Games at \u00a341 billion, with more than \u00a37.3 billion of investment during the construction phase alone, in what was one of the most significant regeneration programmes the capital had ever seen.<\/p>\n

Before<\/h2>\n

Beforehand, Stratford and the Lea Valley were among London\u2019s most deprived and neglected areas – a mass of disused factories, contaminated land and polluted waterways. Transport connections were limited, and any investment was minimal.<\/p>\n

The regeneration that followed, though, wasn\u2019t random. A group of legacy and development bodies coordinated a long-term plan covering transport, land assembly and housing. The process began with opening up land that had been cut off for years, creating new pedestrian and road links across the Lea Valley, along with a new street pattern that would form the core of what became the Olympic Park.<\/p>\n

During<\/h2>\n

Once work began, the scale of change became clear. More than 500 acres of industrial land were cleared and redesigned, with new streets, bridges, public spaces and serviced plots created for long-term use. Even the Athletes\u2019 Village was designed with post-Games use built-in, which later became East Village, with 2,800 new homes.<\/p>\n

Transport upgrades were delivered alongside the construction. Stratford Regional Station was expanded, new platforms and lines were added, and journey times into central London were cut significantly, opening up areas that had long been isolated from the wider network.<\/p>\n

After<\/h2>\n

Once the Olympic Park was finished, the wider regeneration programme continued for years. There was further investment in Stratford City, Chobham Manor, Hackney Wick, Fish Island and into the wider Lea Valley, with new housing, streets and community infrastructure delivered in planned phases.<\/p>\n

The Games\u2019 effect on property<\/h2>\n

The rise in property values began well before the Games, as the scale of the regeneration programme became clear, but construction and investment continued long after 2012.<\/p>\n

Nationwide\u2019s figures show the uplift across six of the host boroughs between 2012 and 2021:<\/p>\n