Speaking to the Liverpool Daily Post, Jim Gill warned that the threat of a recession is frightening off developers from pressing on with high rise schemes in the Capital of Culture host city.
He told the paper: ‘In the current economic climate, I would be very surprised if any new tower actually got under way in the sort of timetables we have seen over the past few years.
‘It’s not like building a traditional housing estate where the house builder can move development forward in blocks of three, four or five houses.’
Gill has recently become chief of the all new Liverpool Vision superquango made up of the city’s three main development and business organisations Business Liverpool, the Liverpool Land Development Company and the exisitng Liverpool Vision.
His comments have been generally supported by city’s main business players. Frank Mckenna ,of commercial lobby group Downtown Liverpool in Business, said: ‘Gill is very knowledgeable about development and regeneration and I do not necessarily disagree with him.
‘But we have got to be careful though and not throw the baby out with the bathwater – we could be in danger of talking ourselves into a recession.’
He added, however, that architects in the city were as busy as ever before but ‘may be doing other things’ than high rise developments.