Gunwharf Quays, the other Commendation winner in the category, is a joint venture developed by Berkeley Commercial and Land Securities PLC. Judges praised it as a scheme which …successfully regenerates 33 acres of derelict brownfield land to create a mixed-use redevelopment around a 448,000 sq ft Designer Factory Outlet centre in a waterfront setting. So it’s not surprising that the shopping centre and its role within the managed retail environment has taken on increasing importance within the overall fabric of the UK society.
Conveyancing Specialist does in the Albeit lawful by nature a considerable measure of what a conveyancer does is organization. The BCSC Shopping Centre Awards are designed to recognize the truly outstanding efforts made to create, extend, revive and asset manage these dynamic properties which are often at the heart of so many regeneration and investment initiatives across Great Britain.
The M4 corridor has seen a 50% fall in take-up and a corresponding rise in supply in office space in the last six months, making it the hardest hit area in the South East, according to the latest report by ATIS Real Weatheralls. The main drop in activity has been during the last six months, and is largely attributable to the widely publicised fallout in the TMT sector and the significant cooling of the US economy. Mark England, director – South East office agency, says while the changes in activity need to be placed in the context of a strong market during 2000, they are still quite marked.
There are now 3.5 million sq ft (325,150 sq m) of offices under construction, which will inevitably lead to further increases in supply given the current market conditions. With an anticipated resurgence in output during 2003, we do not foresee a return to the problems that afflicted the market in the downturn of the early nineties, with vacancy rates currently ten percentage points below their levels of ten years ago. Crest Nicholson Properties (CNP) has received detailed planning permission for an 80,000 sq ft (7,432 sq m) retail and leisure development at its Chapman’s Yard and St Thomas Street site in the heart of Scarborough town centre.
CNP’s development will comprise two retail units fronting Chapman’s Yard of 15,000 sq ft and 25,000 sq ft respectively (1,394 sq m and 2,323 sq m) and four retail and leisure units on St Thomas Street of between 7,500 ft and 10,000 sq ft (697 and 929 sq m). CNP received outline consent for the site in March earlier this year and has since been working closely with Scarborough Council to progress a scheme that will enhance the town’s retail appeal.