New report demonstrates impact of 15 years of Liverpool ONE

2023 marked the 15th anniversary of Liverpool ONE, one of the UK’s leading examples of city centre regeneration.

Demonstrating how Liverpool ONE acted as a catalyst to help transform the fortunes of the city, we commissioned an independent impact report showing how, between 2008 and 2023, the 42-acre retail and entertainment destination generated £4.1bn in economic activity, played a key role in a 24% growth in the value of the city’s visitor economy, supported thousands of jobs and contributed billions in local and national tax revenue.  

An early example of Levelling Up in action and addressing Liverpool City Council’s ambitious vision to revive the city’s fortunes, Grosvenor’s commitment to creating a new city centre to an exceptional level of quality, combined with a focus on contemporary urban design, place shaping and sensitivity to local identity has underpinned Liverpool ONE’s attractiveness to occupiers and visitors for almost a generation. 

Over the last 15 years, Grosvenor’s management of Liverpool ONE has seen it become one of the UK’s leading retail and entertainment destinations, with average spend per head increasing by 89%, sales increasing by 195% and the catchment area increasing by 77%.

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