Ambitious Albert Dock vision unveiled

The retail and leisure offering at Liverpool’s Albert Dock is set to be transformed under an ambitious vision launched by the group that bought the commercial element of the iconic development for more than £40m last year.Aberdeen Asset Management acquired the scheme on behalf of clients from Albert Dock Company, a subsidiary of Arrowcroft, for £42.75m in January 2016. The site, which is home to the largest collection of grade I-listed buildings in the UK, was built in the 1840s but fell into disrepair in the late 20th century before being saved from dereliction by Arrowcroft in the early 1980s.It is now the one of North West’s most visited tourist attractions, welcoming 6.3 million visitors in 2016 and generating an economic impact of £13m for Liverpool’s visitor economy.