Grosvenor Europe celebrates 10th anniversary of Liverpool ONE

Grosvenor Europe has marked a decade of success of its co-owned shopping complex Liverpool ONE with the release of key research.

In the ten years since Liverpool ONE opened in May 2008, it has:
• Contributed £3.3 billion in total Gross Value Added1, with over half this total as wages for local residents
• Delivered £1.20 of every £100 generated in the Liverpool City Region GVA, accounting for 3% of all GVA growth in LCR
• Contributed £1.6bn to the UK Exchequer
• Delivered an average of 4,700 FTE jobs for Liverpool City Region (LCR)
residents
• Helped Liverpool’s retail output more than ten times the national rate (between 2007-2013)

Liverpool ONE has welcomed 301 retailers and restaurants totalling almost 2.3 million sq ft (including repeat lettings), an area 323 times the size of the football pitch at Anfield. This includes 84 international brands, as well as 36 that were firsts for the North West upon signing.

Correspondingly, footfall and sales in Liverpool ONE have increased by 53% and 110% respectively in the last ten years.