There have been many milestones on Liverpool’s journey back to economic health but May 29 2008 will represent a more important stop than most.

This is the closely-guarded – and until now unreleased – date when Grosvenor aims to open the 70 shops and two department stores that mark the first phase of its 43-acre, £950m ($1.946bn) Liverpool One redevelopment of the Paradise Street area.