Liverpool City Centre will suffer, Grosvenor tells Everton inquiry
Jan 28 2009 by Richard Down, Liverpool Daily Post
EFC Stadium, design, Kirkby 10 _200
Patrick Clarkson, QC for Everton and Tesco, returned to some evidence supplied earlier in the inquiry which claimed Liverpool One would not suffer.
Mr Stock confirmed that he did not think Liverpool One was at risk as a result of these proposals.
But he told planning inspector Wendy Burden that money that should have been spent in Liverpool as a result of his company’s investment would now be “clawed back” – spent elsewhere.
As a result the massive attempts Liverpool City Council and Grosvenor had made to restore Liverpool “to its rightful place in the retail hierarchy” would be hampered.
He said the current economic downturn meant there should be caution in agreeing more retail floor space as it would be even more difficult to secure the required turnover.