COMPLETION of the final phase of the £110m St Paul’s Square development was marked yesterday by former Minister for Merseyside, Lord Heseltine.

He joined Sir Michael Lyons, chairman of the developer English Cities Fund (ECF), at the opening of No 4 St Paul’s Square to celebrate the scheme that has extended the city’s business district.

The £32m eight-storey building comprises 109,000 sq ft of Grade A office space and is part of the most significant investment within the business district in the past decade.

ECF is a joint venture between Muse Developments, Legal & General Property and the Homes and Communities Agency.

Lord Heseltine said: “St Paul’s Square is an example of effective partnership between the public and the private sector.

“I look forward to the day when we see a demand from the private sector which will be hugely welcome and help the city to build on the real progress it has made in recent years.”

Sir Michael added: “The opening of No 4 St Paul’s Square marks a 10-year commitment to Liverpool by the English Cities Fund.

“The St Paul’s Square scheme has provided an entirely new focal point for Liverpool’s Central Business District, and plays a crucial role in the reshaping of the city centre and how it does business.”