Council considers CPO on stalled £200m New Chinatown scheme
Liverpool City Council is considering a Compulsory Purchase Order (CPO) on the stalled £200m New Chinatown development site in the city centre, following accusations that the scheme's Honk Kong sales agent comitted "fraud".
A report to the council’s cabinet next Friday, July 21 is requesting CPO powers be used - if current developer Chinatown Development Company Ltd, a subsidiary of North Point Global, cannot sell the prominent site to another developer.
In June 2015, Chinatown Development Company Ltd acquired the site, at th... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
