The Met Quarter

Re-establishing a distinctive positioning

Our client is Columbus Capital Management, part of Schroders’ real estate investment and asset management business. Columbus undertakes value added real estate investment strategies in the UK and is the Investment Adviser to the Columbus UK Real Estate Fund that acquired the Liverpool Met Quarter shopping centre in January 2013.

This 12,635 sq m (136,000 sq ft) luxury shopping centre was opened in 2006 and played a leading role in the urban regeneration of Liverpool. The scheme occupies the centrally located two acre site of the former Post Office (one of the grandest of its era).

Built to a very good standard with high quality internal finishes, the centre features a glazed roof along the entire mall and retains the magnificent façade of the original building.

The opening of Liverpool ONE in 2008 (the largest open air shopping centre in the UK and the 10th largest overall) created conditions that weakened the Met Quarter.SCG London is now working with Columbus to help revitalise the centre, create a distinctive positioning, attract new tenants and re-establish the Met Quarter as the city’s premium retail destination.

Our work involves looking at potential uses of and improvements to the building, assisting with visualising and budgeting for different opportunities. This includes: advising on cost-effective upgrades to individual shop units, visual concepts for targeted tenants, improving wayfinding, evolving the identity, environmental finishes and lighting, remodeling escalators, revising circulation and overall conceptual ideas and elevations.