CBD Rejuvenation - Liverpool One shopping development.

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The regeneration of Liverpool’s CBD

Liverpool’s CBD needed regeneration for a variety of reasons. During WW2, it was bombed heavily, due to it being a major port for resources from the USA. During the 1960s, it was rebuilt too quickly and then fell into disrepair before 2000, when the design and infrastructure was outdated. Many parts of the city, especially the CBD suffered from urban decline, with its population dropping by 50% and 45% of its industry also leaving. In addition, Liverpool faced competition for shopping by nearby Manchester and Chester, as well as out-of-town shopping centres like the Trafford Centre. Therefore, Liverpool’s CBD needed regeneration to be more attractive to consumers, and regain its spot in the top 5 shopping destinations in the UK.

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Liverpool One, the project to rejuvenate Liverpool’s CBD was completed in 2008. It was opened in phases on 29 May and 1 October 2008, with the final residential lots opening in early 2009. In the same year, Liverpool was named as the European Capital of Culture. Its total cost is approximately £1billion, with 42 acres of Liverpool city centre being redeveloped. It includes 3000 parking spaces, 169 stores or services, as well as a 5 acre park, and 500 new apartments. It also contains a 14-screen cinema and a 36-hole adventure golf centre.

Shops present include Debenhams, John Lewis, Ted ...

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