St Helens Council has bought Church Square shopping centre for£26.6m. The council sees owning the centre is seen as a key part of bringing forward new regeneration in the town given the council previously had control of just one per cent of the retail stock.
It will help to enable the delivery of plans outlined in the ‘St Helens: Transforming our Town’ vision document and council leader Barrie Grunewald said: “We are committed to investing in our borough, in a prudent way, to both increase our income streams and to help bring forward our town centre regeneration plans. By taking control of Church Square we can now properly plan for new town centre development.”