Sainsbury’s to anchor St Modwen’s Liverpool scheme
St Modwen has signed supermarket giant Sainsbury's as anchor tenant at its £150m Project Jennifer development in Liverpool a year after losing Tesco.
Sainsbury's will now operate the 115,000 sq ft flagship store at the site situated between Great Homer Street and Scotland Road. The proposed plans will make it the largest superstore in the city.
St Modwen ended talks with Tesco following four years of negotiations which failed to result in the supermarket group committing to the Project Jennifer scheme. Tesco still owns three acres of the land.
The proposed plans for a food store will form the heart of a new district centre for north Liverpool, with a further 80,000 sq ft of other retail proposed. In addition to this, there will be a new library, market hall, leisure and community space and substantial improvements to the public realm and environment.
Land assembly for the project will start in Spring 2010.
Hitchcock Wright & Partners and GVA Grimley are joint acting agents for St Modwen.
