SAINSBURY’S COMMITS LONG TERM TO GREAT HOMER STREET

The regeneration of Great Homer Street moved a major step forward after Sainsbury’s committed to a 250 year lease of the site.

The announcement comes as developer St. Modwen, the UK’s leading regeneration specialist, confirmed the final details to take the scheme, known locally as Project Jennifer, to unconditional status, and revealed ground breaking will take place in October 2014.

Project Jennifer, which is being delivered by St. Modwen in partnership with Liverpool City Council, will deliver one of the largest supermarkets in Liverpool. Sainsbury’s will begin development of its 110,000 sq ft flagship store* in summer 2015, with opening expected to take place during summer 2016.

St. Modwen began its enabling works at the site earlier this year, preparing the site for development, including the rerouting of utilities for the area and the demolition of some buildings on the site. The preparations are being made ahead of main site works, which are scheduled to commence in October.

As well as a Sainsbury’s supermarket, the major regeneration project will bring 80,000 sq ft of retail, new market facilities, homes, 900 free customer car parking spaces, a petrol filling station, major road improvements including a new junction linking Scotland Road to Great Homer Street, provision for health facilities and improved links to Everton Park.

Paul Batho, Projects Director at St. Modwen, said: “This scheme has been much needed and wanted by the local community for many years. These important milestones mean that people can expect to see activity accelerating on the site over the next few months as we near the ground breaking ceremony, which will mark the achievements of this major partnership regeneration project.”

Liverpool City Council’s Cabinet Member for Regeneration, Councillor Malcolm Kennedy, said: “Project Jennifer is an important progression for North Liverpool and will regenerate an area in real need of investment and development. We are looking forward to seeing this vital scheme delivered, which will make a massive difference to people’s lives – breathing new life into the area, providing first-class facilities and creating new jobs.”

For more information visit http://www.greathomerstreet.co.uk/