Liverpool City Council planners today approved two applications to give the go ahead for £160m Central Village development.
Planning has been granted for a 455 space multi-storey car park, with ground floor retail space on land between Heathfield, Back Bold Street and Renshaw Street and for modifications to the Copthorne Hotel, to provide 240 bedrooms, associated hotel facilities and ground floor retail space.
Millennium & Copthorne has entered into 20 year agreement to operate this Copthorne Hotel and the four-star Millennium Hotel at Central Village.
Asset development managers and co-owners Merepark have also signed up car park operator, QPARK, which will lease the 455 space car park as part of a 35 year agreement.
Ian Jones, director of North West-based Merepark, said: 'The approvals are the catalyst to start work on site. We now have the Green light to begin making Central Village a reality as the second phase of work will include construction of the multi-storey car park and relocation of the Network Rail Central Station Maintenance depot and workforce onto land below the car park.'