It's Milligan's metMilligan has taken sole ownership of Liverpool’s long-delayed Met
Quarter retail development and said the scheme would be open by late 2005.
The deal with the Walton Group ‘ which had owned the former post
office site in Liverpool’s Whitechapel area since the 1980s ‘
means construction of the on-off development will restart in September.
And Milligan, which first bought into the scheme last year, announced
the signing of designer retailer Flannels for a 21,000 sq ft anchor store.
‘Liverpool is the place to invest for retailers, and our scheme
will set the pace for other developments and help make the city a prime
retail destination,’ said Milligan chief executive John Milligan.
Liverpool City Council leader Mike Storey said Met Quarter would help
to transform the city into a premier shopping destination.
Plans for the two-storey development are being re-examined, but the company
is targeting high-fashion and lifestyle retailers. Milligan promised a
‘dynamic, modern retail space’ that would ‘spearhead
the Liverpool shopping renaissance’. The scheme’s letting
agents are SY Moorhouse Wright and Markham Vaughan Gillingham.
Meanwhile, RTKL’s design for the regeneration of a 3.5 acre disused
site behind Liverpool’s Central Station has been submitted for planning
by Liverpool Regeneration Partnership, a jv between Ballymore and Merepark.
The £100m development includes residential units with 160,000 sq
ft of leisure and retail users.