Major restoration work was undertaken in 1997/98 and from November 1998[citation needed] to around 2000 or 2001 the building became the Barcelona Bar and nightclub.

[6] After the closure of the Quiggins Centre on School Lane in 2006, a dozen of the 30 plus traders relocated to the Grand Central Hall whilst others moved on to and around Bold Street or dissolved themselves.

[9][10] The New Liverpool Grand Central integrates luxury hotels with boutique bars, live music and event spaces, a wedding hall and an assemblage of restaurants making up the food-hall, The Grand Bazaar.

In early 2022, the lease holders were forced to vacate due to a reported £1.2m outstanding rent.

In early 2023, the property was reopened as The Dome at Grand Central after major refurbishments bringing capacity to over 3,500.