£5m to upgrade and expand 'vital' Greatie Market

Great Homer Street Market will be upgraded with £5m of government funding.

The market, known as Greatie, will receive up to £5m from the government in order to upgrade and expand the site, in order to attract more traders. It comes as a £31m investment package for Liverpool was announced by Michael Gove in a speech at today's Convention of the North conference.

As well as the money for Greatie, up to £13m will be spent on delivering HEMISPHERE One – a new eight-storey office which will include up to five floors of new labs in Paddington Village. Additionally, up to £13m has been provided to acquire sites such as Smithdown Lane Police Station and to deliver the second phase of the masterplan for Paddington Village - Paddington South.

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About the funding, council leader Liam Robinson, said: “We are delighted that the Government has endorsed our plans and is willing to invest in Paddington Village in our Knowledge Quarter. This investment will help to accelerate the city’s future as a world-leading science and innovation hub.

“This funding is also a huge vote of confidence in our vision to be one of Europe’s leading centres for research and development in the life-sciences.

“HEMISPHERE One is going to be a fantastic asset to the city, creating much-needed lab-based jobs for decades to come. The other tranche of funding will ensure we can develop the second phase of Paddington Village and enhance the city’s overall appeal to attract further investment and more jobs.

“In addition, the funding for Great Homer Street Market is equally welcome as this will ensure we can grow this vital