Viewpoint: St Paul’s Square has been a catalyst for commercial development
ENGLISH Cities Fund – a joint venture between Muse Developments, Legal and General Property and the Homes and Communities Agency – is getting ready to launch the final phase of development at St Paul’s Square, No 4.
We have observed how the last 10 years of development have helped to create a central business district which has transformed Liverpool and had a major impact on how the city now does business.
In the last decade, Liverpool has re-established itself as an international city of repute.
A city on the up, it has transformed itself into one of the UK’s leading business destinations.
Liverpool’s central business district – created to put Liverpool on a par with cities such as Manchester and Leeds – is located to the east of the city centre, with St Paul’s Square at its heart.
There was a period of rapid decline, post-1970s, in which the area provided little more than cheap car parking.
ECf’s St Paul’s scheme has created a catalyst of development to enable this district to become a professional hub where people work, live and play.
The vision for St Paul’s was to provide a family of four buildings, all sympathetic with the glories of Liverpool’s architectural past, creating a district that would put Liverpool on a level playing field and help to re-invent it as a hard-working, vibrant city, where people want to do business.
ECfŠhas certainly delivered its promise.
St Paul’s Square has enabled buildings of international qualityŠ – and of Šthe highest environmental standards Š – to be developed, which in turn have provided an environment where occupiers and investors alike are keen to locate and invest.
It has encouraged the reconfiguration of other buildings, provides a gateway to the next phase of development in Liverpool – Pall Mall – and since its inception has encouraged further development within the area.
This has included the refurbishment of the former Littlewoods building, now called The Plaza.
It has also included other users/occupiers locating on Old Hall Street, such as the Radisson Hotel and Beetham Tower.
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