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LIVERPOOL'S Fourth Grace will put the city back on the global map, say business leaders. ``It will send a message to the world that Liverpool is back in business,'' said Liverpool Chamber of Commerce and Industry vice president David Wade-Smith.

He was speaking to more than 300 business people at the chamber's Construction Lunch where Steve Parry,chief executive of the Fourth Grace Consortium, was guest speaker.

Mr Wade-Smith said: ``The Fourth Grace represents what this city is doing in the 21st century.

``This iconic building will act as a beacon and send a message across Britain,Europe and the world that Liverpool is back in business. We need to make it happen,''he added.

Steve Parry explained the latest progress on the pounds 274mproject using a fly through of the scheme to show how architect Will Alsop's Cloud design fits in with other projects on the waterfront.

``The Fourth Grace is on track to be ready for 2008,''he said.

``We are currently developing the design with the aim of submitting a planning application in August.

``Public consultation is set to start a month before the application and there has definitely been a shift in public acceptance of the scheme,''he added.

Work is due to start on site in March next year with a completion date of January 2008.
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Title Annotation:Business
Publication:Liverpool Echo (Liverpool, England)
Date:May 31, 2004
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