The North West, as anyone in Liverpool or Manchester will eagerly tell you, is in the grip of a regeneration boom. New developments are springing up across the region, such as the Liverpool Arena and Convention Centre in the city's King's Dock, and cranes now dominate Manchester's skyline. Most notably, the new Civil Court Centre in Manchester will also provide a modern setting for litigation, with hopes that its opening in 2007 will result in more cases remaining local. So the announcement of the North West Development Agency's new panel in January was more than timely. Beachcroft Wansbroughs, Hammonds and Warrington-based firm Forshaws all celebrated after new appointments to the panel. This North West Special Report examines the latest developments within this dynamic and booming region. In particular, it highlights the growth of development and regeneration work, being funded in part by a boom in the private equity-led buyout market.