Land Securities has unveiled detailed plans for a refurbishment of its Clayton Square shopping centre in Liverpool.
The UK’s largest commercial quoted property company’s plans for the two-level centre, submitted to Liverpool council, include an extension and upgrade of the 250,000 sq ft shopping centre.
Details include extending the Boots unit in Parker Street/Elliott Street and fitting new internal lighting, ceilings, floors, public toilets, signage and entrances.
Clayton Square, which was purchased by LandSec in May 2005 as part of the Tops Estate acquisition, adjoins Land Securities other Liverpool property, the St Johns centre.
Both centres are located on a 10-acre city-centre site at one of the gateways to Grosvenor’s £900m retail-led regeneration Liverpool One.
Nick Davis, development director at Land Securities, said: “Land Securities has been investing in Liverpool since 1969 and we strongly support the vision to deliver a regenerated and integrated City centre.
“We are very excited about our plans for the refurbishment of Clayton Square as we believe this is the first step in delivering major improvements to the area and maintaining a retail offer to complement the Liverpool One scheme.”
The refurbishment of Clayton Square could begin in February 2007 with completion in the Autumn, in time for Liverpool’s year as Capital of Culture in 2008.
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References: EGi News 11/10/06
