Is the building listed at all? English Heritage could be used to save more of the building, surely? Liverpool's first purpose-built cinema and over 100 years old is surely something of note.
Back on Sir Thomas Street there was a campaign to preserve a historical building's façade in a designated preservation area. About a week before it was due to be assessed for listing, Illiad sent a bunch of guys in and effectively destroyed the front by smashing it up, "preparatory work for demolition" they called it. There was nothing left to list after that. Illiad wanted it gone because they were building a boutique hotel and its floor levels were different to the two buildings either side.
From this:
To this:
More details of that act of vandalism can be found
hereSomebody has simply decided it would be too much of a pain/too expensive to incorporate the Futurists façade into their design and just want it gone, which explains the repeated hoohaa about the building itself being derelict beyond saving. They'll be virtually nothing left of old Lime Street after this, save for the two pubs that bookend that side of the street and the empty ABC Cinema standing opposite.