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Between 2008 and 2023, the 42-acre retail and entertainment destination has generated £4.1bn in economic activity, played 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, Liverpool ONE was developed in response to Liverpool City Council’s ambitious vision to revive the city’s fortunes by transforming the centre of the city with what was at the time one of the country’s largest retail-led regeneration schemes.
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%.
Grosvenor has published a report setting out Liverpool ONE's positive impact since it opened in 2008
A blog post from James Raynor, CEO of GPUK on lessons learned from Liverpool ONE