Deadline passes for unveiling of City Centre South anchor store

Local, national, international and oddball news stories

Deadline passes for unveiling of City Centre South anchor store

Postby dutchman » Wed Jul 11, 2018 1:20 pm

The developer was due to announce who the operator of a department store at the heart of the scheme would be by June

Image

The developer of Coventry city centre’s City Centre South retail scheme has missed a deadline that had been set to announce an anchor store for the huge shopping complex.

Work on delivering Coventry City Council’s £300m scheme continues but developer Shearer Property Group was due to announce who the operator of a department store at the heart of the scheme would be by June this year.

The sprawling City Centre South complex will be the size of Solihull’s Touchwood development and the council says it will make Coventry the second biggest shopping destination in the West Midlands after Birmingham.

Although the deadline to announce the anchor store has not been met, the councillor overseeing the huge project says it does not pose a problem.

In December 2017 Cllr Jim O’Boyle, cabinet member for jobs and regeneration, told a meeting of the full council that Shearer Property Group had until June this year to secure a major department store as the anchor store for the development.

Although no anchor store has been announced Councillor O’Boyle has maintained City Centre South is still very much on track and that the delay is about ensuring the scheme is “future-proofed”.

Cllr O’Boyle has previously hailed the ambitious £300m development as an example of Coventry benefiting from the devolution deal for the Midlands, with the West Midlands Combined Authority contributing £260m towards it.

He has also described it as “transformational” and “the biggest development of our city since the war”.

Image


:rolling:
User avatar
dutchman
Site Admin
 
Posts: 29201
Joined: Fri Oct 23, 2009 1:24 am
Location: Spon End

Re: Deadline passes for unveiling of City Centre South anchor store

Postby Melisandre » Wed Jul 11, 2018 1:46 pm

So nothing of interest being put into the city just more boring shops along with boring ugly building for students how many more of these do they want . Our history mostly none exsistant as the guts of it have been ripped out I suppose thats what we get when we have boring people running the city. I was suprised those small bin lorrys were nt named Leofric Godiva and Peeping Tom as that where our council has resided them in to the bin.
User avatar
Melisandre
 
Posts: 6817
Joined: Fri Oct 16, 2015 8:52 am

Re: Deadline passes for unveiling of City Centre South anchor store

Postby rebbonk » Wed Jul 11, 2018 4:57 pm

O'Boyle needs to extract his head from his ar$e.

In the present climate securing a decent anchor store is going to prove nigh on impossible.
User avatar
rebbonk
 
Posts: 41929
Joined: Thu Nov 12, 2009 7:01 am

Re: Deadline passes for unveiling of City Centre South anchor store

Postby dutchman » Thu Jul 12, 2018 3:42 pm

Call for 're-think' on £300million City Centre South scheme

The huge City Centre South retail scheme has come under fire from the chairman of the Coventry Society.

In the Society’s latest newsletter Keith Draper has called for a “rethink” of the £300million scheme which the city council says would make Coventry the second largest retail centre in the Midlands after Birmingham.

In his column for the Coventry Society’s July newsletter Mr Draper said that a changing retail landscape meant any new scheme should not focus on multi-national businesses.

He said: “It’s understandable out city fathers should want to see our retail offer move up the rankings, but half a minute, shouldn’t we really be taking a fresh look at this grandiose City Centre South scheme granted outline planning consent all those years ago in 2012.

"Six years ago! Hasn’t the retail trade moved on since those days?”

He adds: “From what I read it’s a challenging market for retailers. Spending is squeezed and costs are rising.

“We are already seeing an acceleration of store closures among the multi-nationals.

“Online continues to outperform the rest of the market.

“Clearly the multi-national store still has a part to play but it looks as though there will be fewer of them.

“No doubt you will recall that the whole purpose of City Centre South was to provide a considerable number of units with deeper trading floors for the big chains.

“Does this make sense in the prevailing climate?”

Championing independent traders Mr Draper goes on to highlight businesses that have survived in the city centre like Agers, Walter Smith and Butterfly Bras but he raises concerns about the effects demolition in Market Way, City Arcade, Bull Yard and Hertford Street might have.

Concerns raised include how it might affect city centre trading and the impact on Coventry’s reputation as it heads towards becoming UK City of Culture.

Mr Draper goes on to call for premises suited to small traders in Shelton Square, Bull Yard and City Arcade to be restored, modernised or re-faced.

He believes doing so would create “a sustainable city centre shining out with the sort of shop displays we once enjoyed”.

Concluding his column he says: “Isn’t it time to give our young entrepreneurs a real opportunity to become part of a new small trader community.

“This approach may not appeal to developers like Shearer.

“Perhaps not entirely true if only our city council gave a lead.

“Surely there has to be an alternative plan at this crucial time.

“I urge the council to think again.”

Image
User avatar
dutchman
Site Admin
 
Posts: 29201
Joined: Fri Oct 23, 2009 1:24 am
Location: Spon End


Return to News

Who is online

Users browsing this forum: No registered users and 6 guests

  • Ads