When built, the Old Dock was a huge risk but it paid off handsomely, paving the way to many decades of dock expansion on both sides of the river. It was one of Liverpool’s greatest contributions to progress in world trade and commerce.
The impact of this radical structure was immense and London, Bristol and Chester lost significant amounts of trade throughout the 18th century as a result.
The Old Dock was constructed in 1715 at the mouth of the Pool which had been at the heart of the town’s successes but, with increasing numbers of ships using the port, it was struggling to cope.
In 1708 the merchants who controlled Liverpool Corporation employed Thomas Steers, one of Britain’s leading canal engineers, to find a solution.
He converted the mouth of the Pool into a dock with quaysides and a river gate. It was now possible for ships to load and unload whatever the state of the tide – a revolutionary facility.
The dock was technically very difficult to build and cost £12,000, double its original estimate. The Corporation was nearly bankrupted but its success encouraged further rapid increases in overseas trade through Liverpool.