Laura Sharman 24 May 2018

Council to buy Liverpool Central Shopping Centre

Liverpool City Council is set to buy Liverpool Central Shopping Centre in a bid to earn £4.3m over the first five years.

The purchase - which will generate a profit for the council over the loan repayment period - is part of wider plans to redevelop the nearby Knowledge Quarter Gateway zone.

If approved by cabinet, the council would acquire the centre's 114 year lease, and then simultaneously enter into a 20 year underlease with Liverpool CSC Ltd.

Mayor of Liverpool, Joe Anderson, said: 'The purchase of Central Shopping centre is too good an opportunity to pass up. It enables us to acquire a strategic site in a prime city centre location which we have plans to regenerate and the investment makes a profit for the council to reinvest in our services.

'The beauty of this deal also means that plans for Lime Street, Lewis’s Building, Circus Liverpool and Central Shopping Centre are now all inter-connected. This will all help to underpin the development of the Knowledge Quarter Gateway which is the next major piece in a 10 year plan to regenerate the city centre and finally connect the waterfront to our universities.'

SIGN UP
For your free daily news bulletin
Highways jobs

Social Worker

Durham County Council
£35,412 - £39,152 (pre-progression) / £40,777 - £45,091 (post-progression)
We are looking for social workers who have completed the assessed and supported year in employment to join our Families First teams, working with our Durham
Recuriter: Durham County Council

Public Health Practitioner

Durham County Council
Grade 12 - £44,075 - £48,226
WHAT IS INVOLVED? We are looking for a candidate who is passionate about public health, has experience of delivering or commissioning public health s Durham
Recuriter: Durham County Council

Home Care and Support Worker 18.5hrs

Durham County Council
£12,791 - £13,412 p.a. (hourly rate of £13.26 rising to £13.90) -part-time Grade 4
If you have elderly friends and relatives, you will understand the value they place on independence. This role will give you the opportunity to work Seaham
Recuriter: Durham County Council

Team Manager

Durham County Council
£50,269 to £54,495 p.a. (Grade 14)
This is an exiting opportunity to join a newly established team within Durham supporting young people in care preparing them for independence. The N Durham
Recuriter: Durham County Council

Learning and Development Support Officer

Durham County Council
£26,403 to £28,598 pro rata p.a. (Grade 5)
An exciting opportunity has arisen for a motivated and experienced Learning and Development Support Officer to join a small team within our award winn Durham
Recuriter: Durham County Council
Linkedin Banner