This year saw the completion of the first stage to transform the iconic Tobacco Warehouse building into luxury apartments.
The 120-year-old building takes up an enormous 1.5 million square feet and is the world's largest brick warehouse.
Situated in Stanley Dock, the Grade II listed Tobacco Warehouse stored rum and tobacco imported from all over the globe at the height of the city's powers as a trading port.
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Back in the early part of the 20th Century, many working class people in Liverpool experienced poverty - including those living in the Stanley Dock area.
In 1919, a shortage of houses meant overcrowding was common, and Liverpool contained some of the worst slum housing in the country, with many families living in single-room dwellings.
By 1928, it was estimated that 14% of the population of Liverpool were living in severe poverty.
Around the Tobacco Warehouse and Stanley Dock area, many families lived in courtyard housing, or 'courts' as they were known.
They consisted of small homes crammed in behind street front houses and shops, facing on to courtyards.
In Liverpool, by the mid 19th Century, courts were home to around half of the town's working class people. And by the early 20th Century, courts were seen as 'slum' housing.
Saltney Street, which runs parallel to the Tobacco Warehouse, was in the early part of the 20th Century filled with unsanitary courts and were home to many people living in deprivation.
A number of photos courtesy of Liverpool Records Office of Saltney Street from 1906 to 1920, show families living on top of each other in the dark and filthy tenements.
One particular photograph from July 19, 1911 shows a group of children standing next to an ashbin (dustbin) with a hinged lid, raised slightly above street level. .
The children are poorly dressed and unclean, and at least two of them aren't wearing shoes.
Another photographs shows a close-up view of the corner of a yard attached to a court dwelling on Saltney Street from December 20, 1906.
Liverpool Records Office describe the yard floor as being "covered with flagstones" with ashbins placed in the yard next to damp, brick walls.
In the photograph, "fecal matter" is said to be seen in several places on the flagstones, illustrating the unsanitary conditions of the court dwellings.
As the 20th Century wore on, economic changes saw the decline in trade coming through Liverpool's docklands, and by the 1920s, unemployment in the city was well above the national average.
During the interwar period between 1919 and 1939, the chronic need for new, affordable housing in Liverpool resulted in over 33,000 council houses being built, accommodating 140,000 local residents, roughly 15% of the total population.
However, many families were not fortunate enough to live in the new homes and by 1933, around 30,000 people still lived in condemned court and cellar dwellings.
Through the early and mid-part of the century, Liverpool Corporation embarked on 'slum clearance' programmes to move people into better living conditions and demolish the old rundown houses.
In the 1980s, the Tobacco Warehouse fell into disuse and gradually into disrepair, leading to it being featured in the Stop the Rot conservation campaign by the Liverpool Echo.
The redevelopment of the Stanley Dock area which started in 2006 - including transforming the dock's northern warehouse into the Titanic Hotel - has led to an upturn in the area's fortunes once again, along with recognition as an area of historic importance.
This year also saw the completion of phase one of the mammoth former warehouse's redevelopment, transforming the building into 192 spacious apartments that bring New York-style loft living to Liverpool.
Once all three phases of the major heritage to residential transformation are complete, the building will feature 538 apartments in total alongside 100,000 sq ft of commercial space.
Many of the homes are now ready to move into and one three bedroom luxury flat is currently on the market for £475,000.
The welcome redevelopment of Stanley Dock, including its warehouses and surrounding ten streets area into a thriving creative district for the city, marks a stark contrast to how the dock and surrounding streets looked in the early part of the 20th Century.
The ECHO has launched a 48-page Christmas nostalgia supplement in print. It's perfect as a stocking filler and yours for just £2.50. You can order a copy here.
