- Flurry of lettings for new schemesPublished: 18 February, 2008
As the spring shopping centre opening season draws nearer, significant letting landmarks have been achieved on at least two of the new crop of malls. This spring will see major openings in Belfast, High Wycombe, Cambridge and Liverpool.
(Page 1: 288 words) - Multi to start on site at WolvesPublished: 18 February, 2008
Multi Development has overcome the last major hurdle on its third UK project, the £300m Summer Row development in Wolverhampton, and work is expected to start on site within weeks.
(Page 1: 122 words) - Web PollPublished: 18 February, 2008
Last month's reader poll at http://www.shopping-centre.co.uk was: Do you expect the level of vacant retail units to increase in 2008? 83 per cent said 'Yes' and 17 per cent said 'No'
(Page 1: 42 words) - Three new brands enter UK marketPublished: 18 February, 2008
Three major international brands have shrugged off doubts about the UK economy and decided to enter the market for the first time. The moves will be good news for developers looking to lease new malls.
(Page 2: 310 words) - Land Sec agrees deal to sell the CoppergatePublished: 18 February, 2008
Land Securities has sold the Coppergate shopping centre in York, plus an adjoining development site, to LaSalle Investment Management.
(Page 2: 270 words) - Right time and place for Mr WrightPublished: 18 February, 2008
Commercialisation agency Promotion Space has appointed ex-BCSC president Richard Wright as group chairman, to support its ambitious growth plans.
(Page 2: 84 words) - Radical shake up in CoventryPublished: 18 February, 2008
Coventry city council is preparing a radical initiative to transform its city centre, including the possibility of doubling the amount of retail space by linking the four existing shopping centres. Working in partnership with key landowners and retail developers, the council has selected US-based architects, The Jerde Partnership, to create a masterplan for a new city centre.
(Page 2: 114 words) - TK Maxx signs to The Mall LutonPublished: 18 February, 2008
The Mall has secured TK Maxx as an anchor tenant for its St George's Square development at The Mall Luton, just as the scheme is about to start on site. And Marks & Spencer has committed to relocate within the centre, doubling its presence to 70,000 sq ft.
(Page 2: 184 words) - Miller timePublished: 18 February, 2008
Miller Developments might have sold its 50 per cent stake in regeneration specialist Centros Miller to joint venture partner Delancey, but the company insists it remains committed to retail development.
(Page 2: 548 words) - How can the Gulf go green?Published: 18 February, 2008
Dubai has the unfortunate reputation of being a gas-guzzling and energy-profligate society, the epitome of unsustainable living. Large indigenous oil reserves mean that oil is cheap and energy is worth little. The citizens of Dubai are among those generating the largest amount of waste per head in the world. Despite this, some of the city's major mall owners are considering ways to respond to environmental and sustainability challenges.
(Page 4: 717 words) - lettersPublished: 18 February, 2008
The January edition of Shopping Centre carried a letter from Ian Waterman expressing his delight at seeing that Princesshay had won the BCSC Supreme Gold Medal at the awards ceremony in December. He then went on to say that the complex is "renowned for having problems with its lifts, with stores experiencing regular breakdowns". I am not sure quite how Mr Waterman reaches a view that Princesshay is renowned in this respect, but as somebody who has lived with the development and implementation of the scheme over the last decade, I can honestly say that the many comments, emails, letters and visitor feedback that we have had have been virtually unanimously glowing about the scheme and the way it works.
(Page 6: 328 words) - Food feedbackPublished: 18 February, 2008
On a recent trip into Leeds, in between meetings, I was in need of something quick, healthy and most of all different, so I stopped by Bagel Nash in The Light. The Light is a leisure and fashion destination in Leeds city centre, and its foodservice combines national brands such as Browns, Nandos and Starbucks with local brands such as Brio, Maxi's and Bagel Nash. It is typical of modern developer thinking to incorporate a local flavour into the foodservice mix as a way of avoiding fascia fatigue.
(Page 6: 348 words) - viewpointPublished: 18 February, 2008
News that British Land has had to knock another £80m off the value of its Meadowhall regional mall in the final quarter of the year was not unexpected. And indeed some might have expected the valuers to be even more pessimistic.
(Page 6: 351 words) - The power to deliverPublished: 18 February, 2008
T his year will see more shopping centre space completed than ever before in the UK, and one developer in particular, Grosvenor, is delivering two of the most significant schemes. Liverpool One and Grand Arcade, Cambridge, will provide almost 2 million sq ft of retail space between them. And opening day is now just weeks away.
(Page 10: 1303 words) - Regeneration gamePublished: 18 February, 2008
More often than not these days, retail developments in city centres are centred around regeneration. There are a huge number of regeneration projects currently ongoing across the UK - all in various stages of build.
(Page 12: 874 words) - In and outPublished: 18 February, 2008
Commercialisation is now a huge part of every shopping centre's business and as such it's necessary to have a dedicated team of people working solely on this area of income generation.
(Page 14: 1940 words) - Space invadersPublished: 18 February, 2008
Brands are increasingly turning to experiential marketing and sampling to market their products or services, and shopping centres are ideal places for this kind of activity to take place.
(Page 20: 1096 words) - Window of opportunityPublished: 18 February, 2008
Store fronts are being turned into new ways for malls and retailers to generate additional income, thanks to new technology from 3M, WindowGain and Tensator.
(Page 22: 857 words) - Time to sparklePublished: 18 February, 2008
Competition is rife at Christmas time to ensure those all-important shoppers visit your centre over other competition, so getting the decorations right is key. However, there are mixed views from industry experts over what will be popular in 2008.
(Page 24: 1529 words) - Out on topPublished: 18 February, 2008
Low footfall at the beginning of December culminated in last minute panic buying in the final days before Christmas, according to industry analysts.
(Page 28: 655 words) - Reaching highPublished: 18 February, 2008
Chelmsford has long been known as the shopping 'mecca' of mid-Essex. Currently serving a population that stretches as far out as Brentwood to the south and Braintree to the north, the town has two modern shopping centres at its heart: High Chelmer, which was built in the early 1970s, initially as an open-air scheme, and The Meadows, which opened in 1992 at the south end of the High Street.
(Page 30: 1981 words) - Could it be you?Published: 18 February, 2008
The SCEPTRE Awards, rewarding the best practice and the best people in the UK's shopping centre industry, are back - and they're bigger and better than ever.
(Page 36: 331 words) - movesPublished: 18 February, 2008
HENDERSON GLOBAL INVESTORS has appointed ALICE BREHENY as head of property research following Patrick Bushnell's decision to retire and take on a non-executive role for the business.
(Page 43: 258 words) - Ocean's TransgressionPublished: 18 February, 2008
Ocean Terminal at Leith has become the first Scottish shopping centre to house an indoor urban skatepark. Transgression Park - run by the Scottish extreme sports company, EHX - is bringing the shopping centre alive with action as novices and enthusiasts alike practise skateboarding, rollerblading, BMX, break dancing and tricking.
(Page 43: 122 words) - Unique clinic at East KilbridePublished: 18 February, 2008
Unfit gamers in East Kilbride are taking advantage of a unique new temporary service at Scotland's largest undercover shopping centre. Following reports of pulled muscles and aching joints as a result of playing Nintendo's hugely popular interactive Wii console, East Kilbride shopping centre has teamed up with a leading EK masseuse to launch the country's first Wii clinic.
(Page 43: 158 words) - Bespoke art, quite literallyPublished: 18 February, 2008
Sutton's St Nicholas Centre hosted over 1,200 eager school pupils for the Bike FX competition at the end of January.
(Page 43: 78 words) - Adamstown ahoyPublished: 18 February, 2008
Joe O'Reilly's Castlethorn Construction has unveiled its latest mega-development, Adamstown Central, in western Dublin. Adamstown is being created as a totally new town that's expected to have 30,000 inhabitants by 2015, the same size as present day Drogheda or Dundalk.
(Page 3: 176 words) - chq draws luxury brandsPublished: 18 February, 2008
The chq centre in Dublin's docklands is on target to become the latest upmarket shopping venue in Dublin city centre.
(Page 3: 183 words) - Blackrock picked for Dublin MarketPublished: 18 February, 2008
A consortium led by Blackrock International Land - a spin-off from Fyffes property company - has been selected by Dublin City Council as the preferred bidder for the redevelopment of the three-acre Market Area in the city centre.
(Page 3: 98 words) - Multi signings pave Belfast centre's wayPublished: 18 February, 2008
With less than a month to go until opening, Multi Development has signed another tranche of retailers for its £400m Victoria Square scheme in Belfast. Free Spirit, The Pier, Pepe Jeans, Pumpkin Patch, Douglas & Grahame, Starbucks, O2 and Hobbs will join more than 40 tenants already signed up.
(Page 5: 213 words) - Tesco gets Maynooth show on the roadPublished: 18 February, 2008
Tesco Ireland has begun work on a major new convenience and comparison retail scheme in Maynooth. The 9.1 ha site is an amalgamation of the former Mart site and existing shopping centre.
(Page 5: 150 words) - Moritz makes a comeback at Tullamore townPublished: 18 February, 2008
Revised plans for a major mixed-use development in Tullamore, Co Offaly, are to be submitted to the local authority. Tullamore Town Council had refused permission for a €150m mixed retail, commercial and residential scheme at Church Street in the Midlands town, on the grounds of excessive scale. The original application had included 14,000 sq m of retail space.
(Page 5: 120 words) - Carpetright fits more stores in IrelandPublished: 18 February, 2008
Carpetright, the UK residential carpet and floor covering retailer, is continuing to expand in Ireland. The company now has 24 retail outlets in Ireland after the latest opening, in Ennis, Co Clare. A new outlet is due to open in Castlebar, Co Mayo, soon, as is a second new store destined for Rathfarnham, South Dublin.
(Page 5: 57 words) - Mulryan and Kelly start battle of BrayPublished: 18 February, 2008
The developers behind two of the biggest schemes ever planned in Ireland, both located in Co. Wicklow, are busy objecting to each other's plans.
(Page 6: 201 words) - Galway council overrides locals on Briarhill extensionPublished: 18 February, 2008
Galway city council has over-ruled opposition from local residents, their own planners and even the city manager to a planned extension at the new Briarhill shopping centre.
(Page 6: 131 words) - Kilkenny council rejects CitymartPublished: 18 February, 2008
Plans for the new €300m Citymart mixed-use retail, commercial and residential scheme in Kilkenny, which would rival the recently opened MacDonagh Junction centre in size, have been thrown out by the local authorities responsible.
(Page 6: 149 words) - Phibsboro back in the melting potPublished: 18 February, 2008
Albion Properties has been asked by Dublin City Council to revamp its plans for redeveloping the Phibsboro shopping centre and the adjacent Dalymount Park soccer stadium in north Dublin.
(Page 6: 128 words) - Coming on strongPublished: 18 February, 2008
This year may prove to be tighter than last year, which saw spectacular centre openings, especially Athlone Town Centre, the MacDonagh Junction scheme in Kilkenny and the Bridgewater centre in Arklow, Co Wicklow. In short, 2008 is likely to be a year of consolidation.
(Page 8: 1837 words) - High poweredPublished: 18 February, 2008
Garrett Kelleher, the 46-year-old Irish developer behind the vast Chicago Spire apartment development, which stands at more than 600 metres tall, in the eponymous US city, has also spearheaded Ireland's first multicultural shopping centre - Moore Street Mall in central Dublin, which opened recently.
(Page 12: 1095 words) - Advantage BootsPublished: 18 February, 2008
Boots, which now has a string of retail outlets across the Republic, has found Ireland a great market for healthy sales and margins since it arrived in 1996. Substantial expansion is on the cards, helped by the fact that in a highly intensive marketplace, supermarkets sell limited amounts of over-the-counter pharmaceutical products and in-store pharmacies are virtually unknown.
(Page 15: 647 words) - Whither values?Published: 18 February, 2008
Irish Bank shares took a tumble at the end of January after analysts at UBS issued a bearish research note warning of their over-exposure to the commercial property market.
(Page 17: 422 words) - Time for talkingPublished: 18 February, 2008
This year promises to be the most challenging in living memory for the shopping centre development community. The jury is out on where property values are going - some analysts are forecasting a crash while others believe a soft landing is the most likely scenario.
(Page 18: 427 words) - Set to shinePublished: 18 February, 2008
While Northern Ireland was still affected by the recent market changes and 'credit crunch' the current outlook for the retail, jobs and business market in the country is still very much a positive one.
(Page 20: 1348 words) - Booming IrelandPublished: 18 February, 2008
Over the last decade retailers have capitalised on the growing affluence of Irish consumers and expanded into the Irish Republic's E24.4bn retail market, which has grown by 34 per cent over the last five years. As major new shopping centres lift customer spend and a relaxation of store size limits enables development, major international retailers from Ikea to Lidl are being attracted to Ireland's shores.
(Page 22: 614 words)
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