Following on from Argos and Carphone Warehouse closing their stores in the Arena shopping centre over the last 10 months, Next is now closing down next week.
Who knows if any of others will follow this year....
One shop that is doing well is Sainsbury's - and they are now building additional capacity for their home delivery operation, taking a bite out of their car park.
Tags for Forum Posts: arena
I mailed the policy planning team to ask for a copy of the previous site allocations plan. Apparently, prior to the current one, the equivalent list was a schedule in the Unitary Development Plan (UDP), which was the predecessor to the local plan.
See page 85 in the attached.
haringey_udp_saved_policies_post_local_plan_adoption_march_2013.pdf
I think they heard I have put myself on a clothing buying ban for the next 12
months and decided they might as well close !
And what plans for the lovely Poundshop (great for cards and kitchen towels) and Superdrug (great for perfume, hair products and vitamins), well for me anyway. I visit them regularly as well as yummy Next.
I think there is a timing issue here, as well.
The Site Allocations document in the new local plan is date 2017, so consultation on it took place alongside the Brexit vote and brouhaha.
The local plan will run from 2022- 2037. Consultation on the local plan will run alongside analysis of the 10 year census results (the census takes place next month).
If it is true that 1m people have left London, then the site allocations will not matter much. As Hugh points out this is just of list of places, where, who knows, if everything goes well development takes place.
The decisions on this will be taken by the bodies that used to have money - Argos, Next, Carphone Warehouse, Debenhams, The Arcadia Group. Some bodies that still do have money and the power to borrow but depend on actual sales for future revenue - such as Berkeley, FEC and other housebuilders.
The organisations that do now have money, and look like having future revenue streams - Amazon, Google, Facebook, BooHoo - will be looking to build/expand distributions hubs near Milton Keynes, or just possibly in Cranford Way.
Local Authority musings don't feature very high up. The NPPF takes away much of their decision making, and the exodus of big chain shops takes away much of their business rates revenue.
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