Work on site is now expected to begin in Spring 2014.
The announcement comes as the scheme was awarded detailed planning consent by Liverpool City Council. The scheme, known locally as Project Jennifer and led by St. Modwen in partnership with Liverpool City Council, is estimated to create 1,000 new jobs and includes a new flagship Sainsbury's supermarket, which will be the largest in the city.
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Following an initial phase of site preparation works, it is expected that development of the Sainsbury's store will begin in Spring 2015 and open early in 2016, with the entire scheme due to complete in Autumn 2016. Further phases of development will follow in the Marwood tower and Dryden Street areas of the site.
As well as retail space, the scheme will provide new market facilities, homes, 900 free customer car parking spaces, a petrol filling station, health facilities, transport interchange and improved links to Everton Park.
Stephen Prosser, regional director at St. Modwen, said: "We are delighted that this scheme, which is both needed and wanted by the local community, is moving forwards towards actual delivery on site. The attainment of this detailed permission is the next important step forward and is testament to the positive support the scheme continues to enjoy. We are committed to delivering this scheme for the people of North Liverpool and will be working hard to finalise the details over the next few months in the build-up to starting on site."
(CD/JP)
