The district has been nationally and internationally recognised for its bohemian character which includes independent markets, beer gardens, music venues, art spaces, workshops and design studios which coexist alongside tech businesses and new housing developments for students and young professionals.

Many sailors and merchants had international dealings in the timber trade, whilst many people were passing through Liverpool's port with plans to emigrate to places such as the United States.

During its decline, the area was seen as 'forgotten', its buildings lay empty, abandoned and disused and for a period of time its poorly lit streets operated as a red-light district.

[12][13][14][15][16] From the mid 2000s, the Baltic Triangle has attracted a wide variety of creative and digital businesses, musicians, artists, photographers, fashion designers, recording studios, architects and film makers.

Shortly after the City Council plan for a managed zone for sex workers failed to garner central government support, the focus of the Baltic Triangle began to shift.

Low rents associated with rundown spaces, which were off the beaten track, provided an impetus for artists and creatives to utilise neglected warehouses.

[24][25] By 2020, more than 500 businesses were based in the Baltic Triangle employing some 3,000 people across creative and digital industries, bars, cafes, restaurants and nightclubs.

[26] Liverpool City Council unveiled plans in March 2018 to extend the boundary of the Baltic Triangle to include the Dock Road, Sefton Street and Brunswick Station.