Plans for the next phase of Liverpool Shopping Park have been revealed.
The second phase will see a further £30m invested into Liverpool Shopping Park by its owners, The Derwent Group, and will deliver in excess of 145,000 sq ft of additional retail and leisure space.
Plans include a leisure block comprising a six-screen cinema, a new state of the art Hollywood Bowl, as well as a gym and five restaurant units on the ground floor. A separate building will accommodate a 60,000 sq ft anchor retail store and a further 16 smaller retail units.
The plans put Liverpool Shopping Park one step closer to becoming one of the largest shopping parks in the UK when finished. It’s expected that this next phase will create up to 885 new jobs.
Hugo Clark, Group Property Managing Director at The Derwent Group said: “Sharing our plans with the city’s planners today is an important demonstration of confidence in the location and underlines the success of Liverpool Shopping Park since opening.
“It’s a bold scheme that, in light of the rapidly evolving retail market, has been designed carefully over the last year to meet the changing needs of operators and shoppers. While this has meant a slight delay in bringing this phase forward for development, we are confident we have a fantastic scheme that will provide a strong retail and leisure offer that we know the local community has been waiting for.
“The addition of a large flagship anchor store and a number of smaller units will enhance our growing reputation as a destination shopping park and provides a wider range of opportunities for retailers.”
The first phase of Liverpool Shopping Park opened in October 2017 and has attracted high profile brands including Next, M&S Food Hall, River Island, H&M, Chiquito, TK Maxx and Smyths Toys.
Construction is expected to start in Summer 2019 and is scheduled to open to the public in Autumn 2020. McMullen Wilson and CSP are the letting agents. AEW are the architects.
The Derwent Group is part of the Albert Gubay Charitable Foundation and operates in the retail, leisure, industrial and commercial sectors. The group’s retail portfolio extends to 1.74m sq ft across nine retail parks in the north of England.