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Seven on Mersey beat

Contracts: LIVERPOOL

SEVEN developers are in the hunt for a £200 million regeneration of Liverpool city centre.

The firms have been issued with an outline development brief and will present their proposals to the client, Liverpool City Council, over the next two months.

The short-listed seven are Peel Holdings, Hammerson, Multi-Development Corporation, Capital Shopping Centres, Westfield Holdings and joint ventures between Lend Lease/Land Securities and Grosvenor Developments/Henderson.

Acouncil spokeswoman said the developers had not yet brought on board contractors.

Bovis, bought by Lend Lease at the beginning of October but working with Peel Holdings on the £38 million ter-minal building at Liverpool Airport, has not yet been contacted.

The winner will be announced in February and the development is due for completion by late 2004.

The council spokeswoman added:

'We are looking for an active mixed-use development.'

The redevelopment centres on the Paradise Street area and will involve designing and building hotels, offices and property. These will link into Church Street to provide 100,000 sq m of retail space.

The scheme is the upshot of a report earlier this year by consultant Healey & Baker on providing the city centre with new retail and leisure facilities.

The council is working with urban regeneration company Liverpool Vision to co-ordinate proposals and develop a masterplan.