Liverpool ONE
The Paradise Street Project, more commonly known as Liverpool ONE, was a 250,000 sqm regeneration project in Liverpool City Centre. Managed by Grosvenor Europe, the development is comprised of: over 200 shops, more than 500 apartments, three hotels, 25 restaurants, a 14-screen Odeon cinema, three office buildings, a Green Flag awarded five-acre public park, 2,000 car parking spaces and a public transport interchange. Regarded by many as the most successful regeneration project of the modern era in the UK, Liverpool ONE was initially sold as providing “world-class shopping, leisure and living at the heart of a world-class city”. The site of the £920 million project covered six districts in the city center, including Hanover Street, Peter’s Lane, New Manesty’s Lane, Paradise Street and South John Street. The development of Liverpool ONE was considerate of the city’s history, integrating historical architecture with modern buildings. As such, it is an internationally recognized model for other cities that want to deliver sympathetic regeneration projects. It is widely credited with reviving the wider city-region and fueling growth in business tourism.