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Post by Kev on Aug 16, 2004 5:15:49 GMT -5
GROSVENOR'S £750m redevelopment of Liverpool's central shopping district cleared its final legal hurdle last night. The owners of the Quiggins cultural and retail centre have agreed to withdraw their legal challenge to the compulsory purchase order (CPO) hanging over the property. It will allow developer Grosvenor to proceed with work on the Paradise Street Development Area, without waiting for the results of a High Court challenge, which was due to start on September 9. ::MOREScores of Merseyside firms from builders to caterers will be involved in Grosvenor's £800m Paradise Street development, and more than 1,000 local labourers will find work building the 2.5 million square feet of new shops, housing and leisure facilities. Economists estimate the project will generate at least £1bn extra revenue for the city as the development changes the face of the city. ::MORE
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Post by Kev on Aug 16, 2004 13:50:05 GMT -5
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Post by Kev on Sept 28, 2004 13:59:20 GMT -5
BUILDERS are set to move into Chavasse park next week as the first stage of the multi-million pound Paradise Street development gets under way.
The green space opposite Albert Dock has been at the centre of years of legal battles over planned development.
But now a revamped park is finally set to take its place at the heart ofa £750m reconstruction of a huge chunk of Liverpool city centre.
It marks the start of an important two months for the project. Councillors are set to grant planning approval to a number of new buildings on Thursday.
A design conference will follow on October 11 before the Duke of Westminster performs the official sod-cutting on November 22.
Stephen Musgrave, chief executive of property developers Grovesnor, presented an update on the flagship scheme yesterday.
And he hailed "fantastic progress" into what he described as an " immensely complex project."
The boards, which are set to start appearing around the edge of Chavasse Park, will be the first solid sign that the four-year Paradise Street developers' dream is to become a reality.
As well as the park, Liverpool will get a new bus station and a massive expansion of top-class retail space, including flagship stores for Debenhams and John Lewis.
Artistic impressions of planned developments herald futuristic glass and steel structures - some of which will glow at night - and illuminated walkways linking buildings.
Cllr Peter Millea, city executive member for regeneration, said: "Something big is happening in central Liverpool.
"We're doing everything possible to make sure the dream succeeds."
Cllr Millea also said he would like to see disruption in the city centre kept to a minimum
A public information centre in Lord Street is set to open its doors in the next couple of
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Post by Kev on Sept 29, 2004 4:17:58 GMT -5
The New Lewis' Store
The building, which will be the largest John Lewis shop outside London, will replace the partnership's home in Church Street.
Directors of the group and the developers, Grosvenor, last night signed on the dotted line for the multi-million pound store.
Work will start on the foundations before the end of this year, with major construction due to get under way early in the New Year.
The store is one of the key anchor developments in the £750m redevelopment scheme by Grosvenor.
Last night, the leader of Liverpool City Council, Cllr Mike Storey, said: "The plans for the John Lewis store are stunning and I am delighted that we are getting such a high calibre development in the heart of our city.
"It has been delivered in record time with private sector money. Grosvenor's development is unlike anything that has happened before. There will not be a glass covered mall, but a scheme that respects the existing architecture and mixes it with stunning new architecture that will be of a high quality.
"The start of this development will confound the cynics because this really is happening. Advance work has already started on the Paradise Street site and everything is on target."
On November 27 the chairman of Grosvenor, the Duke of Westminster, will be in Liverpool for a formal ground-breaking ceremony to kick-start what will be Europe's biggest city centre redevelopment scheme.
By then workmen will already be on site.
John Lewis will be the biggest tenant in the redevelopment with a store of 240,000 sq ft due to open in 2008.
The existing store employs around 600 people and the new larger store is expected to generate more jobs.
The London-based group say its new Liverpool store will represent "the next generation of John Lewis department stores."
Christopher Glenn, managing director of John Lewis in Liverpool, said: "This multi-million pound investment demonstrates John Lewis's commitment to the regeneration of Liverpool city centre.
"We have traded here for over 60 years and are all delighted at the prospect of offering an exciting new department store."
John Lewis first became a presence in Liverpool when it bought George Henry Lee's store from Selfridges in the 1940s. George Henry Lee had started the shop in Liverpool in the 1850s before selling the business to Selfridges.
Rod Holmes of Grosvenor, said "This sends out a strong message about the huge importance of the John Lewis project to Liverpool."
Source- Liverpool Echo
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