Published: 24th May 2019

Knowsley Council has announced it has started negotiations to buy Kirkby town centre in a bid to kick-start regeneration plans. The local authority has today (24 May) confirmed that it has started negotiations with current owners St. Modwen with a view to purchasing the company’s assets in Kirkby town centre. The move comes after previous regeneration plans by St. Modwen and other private sector organisations have been delayed, prompting speculation about the town centre. St. Modwen purchased Kirkby town centre from Tesco in 2015 and has since secured planning permission and signed up major retailers including Morrisons, Home Bargains and KFC, as well as progressed demolition work. A start date for work to build the new retail units has not been confirmed to date. Given St. Modwen’s extensive land holdings in Kirkby town centre, the council said it currently has limited powers to ensure the development progresses as planned. ‘This … (To read the full article, subscribe below)