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Place North West | The Subplot | Liverpool's zombie development, shopping centres, life science

Place North West | The Subplot | Liverpool's zombie development, shopping centres, life science
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Place North West | Liverpool 'makes progress' tackling troubled sales model

Neil Tague
The city’s ability to root out problematic developments funded by fractional sales has been bolstered by measures such as a draft code of practice for council officials and a new approvals process for the sale of any council-owned land, according to a report.
Although by no means limited to Liverpool as the Angelgate saga in Manchester showed, the fractional sales model (also known as buyer-funded development) had become a stark issue and embarrassment to the city, with a string of developments stalled due to company administrations, investor fall-outs and contractor disputes.
Projects at Pall Mall and Chinatown were among those that never reached the point of reflecting the glitzy CGIs used to sell the developments to a largely overseas investor community. ....

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All the investigations engulfing Liverpool Council and the city's development scene

All the investigations engulfing Liverpool Council and the city s development scene
A number of probes, some criminal, have been launched into business activity in Liverpool over recent years
Updated
(Image: Colin Lane/Liverpool Echo)
The arrest of Joe Anderson came as part of a long-running probe into building and development contracts in Liverpool.
The city mayor was questioned on suspicion of conspiracy to commit bribery and witness intimidation in the third wave of arrests linked to Merseyside Police s Operation Aloft.
The investigation is the latest to have been launched in response to allegations linked to either Liverpool Council s business activity or the city s development scene. ....

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