Contractor Momentum Group is to rework the 100,000 sq ft Liverpool building, converting it to create a mixed-use scheme with the sports retailer taking the ground floor.
Last year, landlord Redevco announced it would reduce the amount of retail space within 18-20 Church Street when the building’s previous occupier Next relocated to the former Forever 21 unit on the corner of Church Street and Whitechapel.
Before relocating earlier this year, Next occupied four floors within the six-storey building, but incoming occupier Decathlon will only occupy the ground floor.
The rest of the floors have class E designation, meaning they could accommodate a range of uses including gyms, restaurants and offices.
Momentum won the contract to redevelop the former Next store after a tender process was launched by Redevco earlier this year.
Decathlon, founded in France in 1976, is known for its large out-of-town stores such as those in Eastlands and Warrington, but the Liverpool move is the latest in a growing city centre offer.
As well as the Liverpool store, the retailer recently opened a 35,000 sq ft store within the former BHS unit at Land Securities’ Trinity scheme in Leeds.
Andrew Foulds, portfolio director at Redevco, said: “We received a number of high-quality tenders for this project but felt the Momentum Group offered the best all round service and value for money to meet our requirements.
“It is really useful to have a respected local Liverpool team working on the ground, with local knowledge in the city centre retail sector.”
Chris Renshaw, co-founder and Director at the Momentum Group, added: “We are thrilled to be working with Redevco to create an exciting new development in one of the most prominent buildings in the city centre.”