Located on Edge Lane the park is due to open in October and will offer 727,000 sq ft of retail space – with 50% of the profits from its rental income being pledged to good causes. Tony McDonough reports
Five more retailers have signed up for space totalling almost 46,000 sq ft at the new £100m Liverpool Shopping Park in Edge Lane.
They are fashion chains River Island (6,559 sq ft) and TK Maxx (10,000 sq ft), Smyths Toys (14,996 sq ft) sandwich retailer Subway (1,300 sq ft) and an as yet unnamed high street fashion retailer (13,049 sq ft) a
They will join Outfit, JD Sports, M&S Food Hall and Boots at the development which will become one of the UK’s largest when it opens this October.
Leisure operators Hollywood Bowl, Frankie & Benny’s and Chiquito have also joined the tenant list.
River Island, TK Maxx, Smyths Toys and the fashion retailer will take units in the Western Quarter – a distinct horseshoe of 17 retail units which front on to Edge Lane.
Subway will be located close to the new Frankie & Benny’s and Chiquito restaurants, at the park’s entrance.
James Maule-Ffinch, senior asset manager for the park’s developer, the Derwent Group, said: “We’ve always wanted Liverpool Shopping Park to have a strong focus on lifestyle and fashion and that is starting to come to bear with our latest signings.
“We’re in final negotiations with a number of other retailers and we’ll be excited to announce those in due course.”
As well as creating 3,000 jobs and transforming the old Edge Lane Retail Park and surrounding area, Liverpool Shopping Park will also give the Albert Gubay Charitable Foundation 50% of its profits for charitable causes.
David Lyons, chief executive of Derwent Group, explained: “The Derwent Group is part of a charitable foundation which means that 50% of our profits go to charity.
“For every £100 that Liverpool Shopping Park tenants pay in rent, £42 will go directly to good causes and we expect many of those to be here in Merseyside.”
Liverpool Shopping Park will total 727,000 sq ft of retail space once complete as well as parking for 1,500 cars and a significant leisure offer.