Manchester’s buoyant residential market has helped to keep the city’s property industry afloat in recent months, while Liverpool has remained broadly resilient, but the latest Covid restrictions are worrying, said consultancy Avison Young.
The Japanese-inspired lifestyle retailer has opened a 1,500 sq ft store on South John Street, in a unit previously occupied by The Artisanal Spirits & Beer Emporium, becoming the latest Liverpool One tenant since lockdown.
A development site in South Liverpool, linked to the collapsed Manchester-based minibond fund that left investors owed more than £40m, has been sold for £1.2m as receivers work through the web of affiliated special purpose vehicles to recover money.
Widnes-based firm Sourced Development Group has won approval from Liverpool City Council to build 27 apartments on the site of the former Derby Arms pub, close to the Eventim Olympia concert venue and former Grafton Rooms nightclub.
Striking a balance between heritage and growth, and fostering greater collaboration between stakeholders and developers, will be key to Liverpool's economic recovery and future development prospects, according to speakers at Place North West's latest event.