But he sounded a note of caution as he was aware that other plans for studios elsewhere in the country had not come to fruition.
“Does that mean it makes ours more viable now because you haven’t got that competition?,” he asked.
“Or is there an issue with studio space that you don’t need as many – so we’re looking at all of these details.”
Work to clear the site and make it safe began in December 2023, with planning permission granted in October 2024.
Two new 20,000 sq ft studio stages are planned to be the first structures to be constructed on the land.
Built in 1938, the Art Deco building was first developed by John Moores as the headquarters for the Littlewoods Football Pools, a business which had 16 million weekly players at its peak – until its closure in November 1994.