In 1998, our development consultancy team was appointed by Liverpool City Council to conduct a retail study of the Liverpool City Centre for the replacement Unitary Development Plan. The study made clear that Liverpool’s reputation as a regional shopping centre was under serious threat and identified a feasible new development site which existed within the heart of the city.
Based on these findings, our team recommended a radical redevelopment plan involving more than 42 acres, which would not only save the city from irretrievable decline, but would represent one of the largest developments in Europe since the post-war reconstruction.
Involving the regeneration of 42 acres of underutilized land in Liverpool City Centre, a proposal was made for a 2.5 million ft² retail-led project, anchored by department stores John Lewis and Debenhams, with additional elements, including leisure (anchored by a 14-screen Odeon Cinema), residential, offices, public open space and transport improvements. Our role grew from providing a retail assessment to providing full development, agency and planning services on the regeneration project.
Overall, C&W’s advice extended to the preparation of a development brief for the identified area, amendments to the emerging Unitary Development Plan, providing expert evidence at planning and CPO inquiries, selecting the Development Partner and negotiating the Development Agreement.
C&W helped create a scheme which has since secured over £1billion of inward investment into Liverpool and was voted ‘Top Shopping Location’ in 2009 and ‘Best Mixed- use Development’.
C&W was subsequently selected to be the joint acquisition and leasing agent on Liverpool One. We have since delivered key lettings in all areas of the scheme introducing more than 20 new retailers. At opening, the project was over 90 percent let. Retailers introduced include: Zara, Sports World, Jane Norman, Warehouse, Oasis, Office Puma, G Star, Bench, Nike, Apple, Goldsmiths, Reiss, Ghost, Karen Millen, Dune, and Jones the Bootmaker. On the terrace, our team delivered lettings to Café Rouge, Yo Sushi, GBK.