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Tuesday
Jul292014

Strong performances of Scottish malls boosts Land Securities, 18 Jul 14, Herald Scotland

One of our Shopjackets in The Centre, Livingston

LAND Securities has highlighted strong performances by its malls in Glasgow and Livingston as it signalled its intention to off-load non-flagship assets.

The commercial property developer said the sale of The Bridges shopping centre in Sunderland for £152 million, and its purchase of a 30 per cent stake in Bluewater, Kent, underlined its focus on the "best retail assets". The Bluewater deal, worth £696 million, gave Land full management control of the centre, as well as 110 acres of surrounding land.

Land said Buchanan Galleries in Glasgow, a joint venture with Henderson Global Investors, and The Centre in Livingston had performed well amid challenging conditions in its first quarter.

It pointed to the "positive impact" made by Buchanan Quarter, the mixed retail and residential development it launched across from the Galleries last year to the city's shopping mix, highlighting that it had brought fashion chain Forever 21 to Scotland for the first time.

And it noted progress with plans to extend Buchanan Galleries, confirming that Marks & Spencer, Next and Showcase Cinema de Luxe have all committed to take space at the site next to the John Lewis department store.

Read more www.heraldscotland.com

 

Monday
Jul282014

Mayor adds to high street regeneration pot… 17 Jul 14, insidehousing.co.uk

A plan to revitalise London’s town centres could see 155,000 new homes built in the capital, Boris Johnson has said.

 

Visiting Bromley High Street in south London today, the mayor confirmed £9m of funding for town centre improvements, to go with £221m already committed.

The regeneration of the high streets is anticipated to make undeveloped brownfield land viable for new homes, as well as providing additional living space above shops.  

City Hall said the regeneration of a high street could ‘highlight the huge amount of hidden space for development … whether above the supermarket or health centre, behind the railway station or on top of a car park’.

Mr Johnson said: ‘[High streets] are where Londoners come together to work, relax, meet and play and they buzz with activity from morning to late at night.

‘However, they are also key to the London economy and that is why we must make the most of their huge potential. We are delivering a comprehensive plan that will do everything possible to protect and support their incredible vibrancy.’

Read more.. www.insidehousing.co.uk

Tuesday
Jul222014

Pop up shop "Copper and Breathalyser" - intu Metrocentre

 

 

 

Independent Events have held an interesting pop up shop recently. The Copper & Breathalyser, tying in with the Fifa World Cup in Brazil and the increased number of drink driving incidences, the pop-up shop was designed to reflect a pub from the outside while inside there were activities such as a drunken penalty shoot out, drink driving simulators and instagram frames along with player masks to get involved with. Great to see something different!

Monday
Jun092014

£150k work boosts Middlesbrough retail quarter, Bdaily 30 Jun 14

A retail quarter at the heart of Middlesbrough is to benefit from a package of upgrades.

Baker Street - which forms a key link between Centre Square, Linthorpe Road and the wider town centre - has been transformed from a semi-redundant residential street into a haven for independent businesses thanks to a £150,000 makeover.

The street’s regeneration began in 2012, with funding from the High Street Innovation Fund enabling Middlesbrough Council to begin the creation of an ambitious retail and leisure quarter.

Baker Street is now home to a variety of independent retailers, traders, eateries and bars, drawing comparisons with the thriving and vibrant economy of London’s Brick Lane.

Businesses range from vintage clothing retailers and micro-pubs to cafes, beauty and tattoo parlours, generating a thriving mix of creativity and entrepreneurialism in the heart of the town.

So successful has been the reinvigoration of the area that the local community even mounted their own Christmas carnival last year.

Many of Baker Street’s existing traditional legal and accountancy firms are still in their original premises, and now benefit from the influx of new neighbours and a new clientele.

Now the street is to benefit from a package of improvement works designed to add the finishing touches to its rejuvenation and match the uniquely decorated interiors and smart shop fronts which symbolise its ongoing success.

Read more www.bdaily.co.uk

Friday
Jun062014

Healthy High Streets Campaign - Business in the Community

 

The Healthy High Streets campaign will provide intensive support for 100 high streets over a three year period through access to business expertise and resource to help high streets realise their potential.

To develop the campaign, Business in the Community has tested the High Street Champions initiative in a number of Portas Pilot towns.  This work has shown that the key markers of high street success are footfall, a low proportion of empty shops and local pride.

The Healthy High Streets campaign’s Founding Partners Boots UK, the Co-operative Group, Marks & Spencer and Santander will collaborate with local town teams to develop and implement activities such as:

  • Enabling access to landlords to address empty and unsightly property issues

  • Prioritising accessibility and safety

  • Creating and enabling high profile events to drive footfall

  • Creation of relevant pop up shops and markets to support start ups

  • Helping to improve customer service

  • Providing expert help and resource to market and celebrate the high street

The partner businesses are also committed to spreading the knowledge and ideas generated by the campaign across all of their locations – potentially having an impact on thousands of high streets in the longer term.

To measure its impact the campaign will be monitoring footfall, property vacancy rates and jobs created.  Overall the campaign will seek to increase footfall by 10%, reduce empty property units by 20% and create 3000 jobs over the three year period in the 100 selected towns.

(Read more www.bitc.org.uk)