Liverpool site secured

Development Securities has bought a 6.5 acre (2.6 ha) site in Liverpool, with planning permission for either 73,050 sq ft (6,785 sq m) of non-food retail warehousing or a 75,000 sq ft (6,970 sq m) food superstore. Work on site is expected to begin this summer, with completion scheduled for April 2005. Specialist retail developer Foinavon has been appointed project manager and Petch Hall is letting agent.