Derwent’s £11m Liverpool Shopping Park expansion given go-ahead
A further 70,000 sq ft of retail and leisure space will be constructed at the Edge Lane complex after the city council granted planning approval for the project.
Derwent Estate’s £11m scheme, which is being delivered on behalf of the Albert Gubay Charitable Foundation, is already 90% pre-let before a spade has even hit the ground.
Hollywood Bowl will occupy 35,000 sq ft having signed a 20-year lease that will see the leisure operator’s existing unit at Liverpool Shopping Park refurbished.
Meanwhile, Tesla is set to open a new 20,000 sq ft car showroom having also agreed a 20-year lease.
Two new drive-thrus will be operated by Five Guys and Costa Coffee, which have both signed 15-year leases.
These operators will join M&S Food Hall, H&M, Nike, Greggs, Next, Smyths Toys, and JD Sports, among others, at the shopping park.
James Maule-Ffinch, senior asset manager at Derwent Estates, said: “The fact that we have managed to pre-let the majority of this latest phase so quickly is testament not only to the appeal of the Shopping Park but also the high quality of the units.
“Only two units of 3,000 sq ft remain and we are already in advanced negotiations with potential operators for both, which we hope to announce soon.”
A contractor for the scheme is due to be announced soon with a view to a summer start on site.
Maule-Ffinch said the success of the complex in attracting tenants is largely down to its location.
“The prominent location of Liverpool Shopping Park, fronting Edge Lane, means that it has immediate appeal to retail and leisure operators.
“This next phase in the park’s development will increase it in size to 235,000 sq ft making it one of the region’s largest and most popular out-of-town retail and leisure destinations.”
ATP Planning is the planning consultant advising Derwent Estates with RGP leading on design. Drees & Sommer is the project manager.
McMullen Real Estate and CSP are the retained letting agents for the scheme.
Further down Edge Lane, Derwent has recently agreed a 20-year lease with Howdens for the former American Golf building.
Steadily expanding this already popular retail park with reliable, quality, tenants.
It’s not that long ago the City Council had an inflexible stand-off with Derwent but thankfully that was resolved and the area is buzzing. We know there is still work to do along Edge Lane but if the Littlewoods Studios completes and other vacant land is filled with residential and more business then the future looks positive.
By Anonymous
Shame this ‘popular out-of-town retail and leisure destination’ is in town. The urban clearance along Edge Lane for additional traffic capacity was perhaps more strategic than it appeared. The underperformance of nearby local high streets remains a mystery
By Groundplain
This is brilliant news
By Anonymous
@ Groundplain….it doesn’t matter where you go throughout the UK or Europe these shopping parks exist, therefore local high streets will be affected. In this case nearby Old Swan hasn’t done too badly but LCC need to grow local populations to keep high streets buoyant.
As regards Edge Lane up passed Holt Road there’s loads of vacant land ideal for housing, so we have to ask the question why isn’t the Council pursuing developers to build.
By Anonymous
Would be great if a Merseyrail station was introduced here
By GetItBuilt!
Time for clearer, well-light pedestrian and cycling routes to Wavertree Technology Park railway station and bus route maps of every bus stop to help drive modal shifts from cars to this popular destination.
By DenseCity
Where is our cinema that we where supposed to get and we don’t want a car showroom, we want what we where supposed to get when it was in the first stage planning we want our cinema back.
By Anonymous
More shops but where is the park they promised on mill lane, that now a car park too.
By Pj
@Anon, and PJ, cinemas are struggling at the moment so Derwent must have done their homework, as regards a promised park who would maintain it, certainly not the Council as they can’t maintain what they’ve got, while the roads and sidewalks are full of weeds and grass.
By Anonymous
People moaning, ‘where’s are cinema!’ There is still a large empty unit to fill next to the Hollywood bowl as you can see in the pic. But also if a cinema doesn’t want to go there then that’s that! It’s not the developers fault, chill!
By Anonymous
@PJ the park was only being built on Mill Lane if they put the shopping park on Rathbone Park, which they haven’t. But the council need to do something with Rathbone Park cos it’s a disgrace!!
By Anonymous
That is brilliant
By Y ferguson
Can we have a cinema please
By Karen
Arriva will need to put on a better bus servic3 for people who don’t have cars, at the moment it’s one bus every 30 mins
Not good enough
By Anonymous
Excellent news, which hopefully encourage a revitalised local neighbourhood for smaller entrepreneurs….
A huge confident enthusiasm from national named brands… Saint Helens, Bootle, and Birkenhead local councils certainly have placed the support to the City of Liverpool prosperity….
By Anonymous
Huge increase in traffic but no extra infrastructure. Typical capitalist operation. The only people who benefit from expansion are overseas
By Annoymous
Great news about the retail park certainly needs it, but what about the cinema that should have been built some years ago. Having knocked down the Cine World?
By 365
There’s literally 2 Starbucks and 2 Costas already on edge lane. Can we have something different please? For once?
By Jamie
Excellent news this along with the film studios now on site
By Anonymous
Nice plans but where is the new cinema that they promised to build, some years ago now?
By Leslie Green
What happened to the promised re build of a much needed cinema
By Anonymous
I hope they will put in a tea room?
By Mary Woolley
A nice pub that serves food would go down a treat as there isn’t one on Edge Lane .
By Anonymous
Could someone please tell me what happened to the promises that were made back in 2018 about a new cinema and more restaurants in stead we get a drive through five guys and another drive through Costa just what we need
By Anonymous
CINEMA PLEASE,LOCALS DONT NEED A TESLA SHOWROOM
By Chris
agree with everyone else, we want the cinema back!
By Anonymous
I know we will benefit from more cafes but we now we are going to have 2 costas and Starbucks they need to give other food and restaurants a chance
By Anonymous
A few nice restaurants with a bit out outdoor space to have a drink or meal out in the warmer weather would be nice, instead of fast food and another chain coffee shop. There’s already a Costa and two Starbucks all within a 5 minute walk.
By Anon
Having said that a Cinema was going to be build when they started the Edge Lane Retail Park all those years ago. Still no Cinema! Why?!
By Leslie Green
Still no cinema the area is screaming out for a cinema
By Anonymous
Funny that there are lots of requests for a cinema, yet cinema attendance is dropping , you only have to go to speke boulevard and cinema has never had full Capacity and is always empty. anything like lighting, footpaths outside the retail park is down to the , who have spent the money on less important things . mersey rail is just at the back of the retail park aprox 10min walk. the costa currently in next is moving into the new site once built. but we all love a coffee…. as for traffic, well the highways agency want to sort out the traffic lights and the way the flow. if the flow was managed better then traffic might move better. As for Tesla, well i think trump has put a stop to that with his tariffs. we will see….
By retail insider