Developer Ion has agreed terms with discount supermarket Lidl for an 18,000 sq ft store at its Lime Street development in Liverpool city centre.
The development also includes a 101-bed Premier Inn hotel, 412 student bedrooms and further retail and leisure units.
Ion said a deal with a pub and restaurant operator will soon be announced for 6,500 sq ft, and said interest is strong in the remaining space Contractor ISG delivered the scheme’s 28,000 sq ft of retail space at the scheme to shell-and-core to build in flexibility on the units.
Lidl has been one of the growth businesses in the grocery sector in recent years, continuing to invest in stores while the established names have pulled back from new ventures.
Stuart Jardine, UK regional head of property at Lidl, said: “We are delighted to be opening a new store in the city centre of Liverpool, which marks another milestone in our ambitious store expansion programme. We’ve seen incredible demand for Lidl stores across the country and look forward to offering our quality products and incredible value to shoppers in and around Liverpool city centre.”
Steve Parry, managing director of Ion said: ‘It has always been important to us to reflect the roots of Lime Street through this development. Lime Street was traditionally a street where entertainment married harmoniously with retail.
“The façade created by Anthony Brown tells the story of the history of the street – from the penny bazaar to the cinemas and the milk bars. We want Lime Street to once again become a street that is busy with life, commerce and entertainment.”
Ion’s Lime Street project is set to reach completion within weeks. Ion’s partners in the scheme are Sigma and Liverpool City Council and Broadway Malyan and IBI Group have designed the project. The scheme is bookended by two listed pubs, The Crown and The Vines.