A major development project in Liverpool’s Knowledge Quarter is suffering from “a lack of investment” despite the city council pouring more than £100m into the scheme.
To date, around £144m has been spent by Liverpool Council on delivering the Spine office development, hotel and multi-story car park at Paddington Village. A new cabinet report has revealed how the local authority seeks to turn fortunes around and ensure further occupation of the site moving forward to avoid the scheme stalling.
Paddington Village is a major development project within the Knowledge Quarter, with Paddington Central - where the Spine, car park and Novotel hotel are situated - marking the first phase of the scheme.
