current owner’s proprietary rights. It is the overriding concern of the courts to protect the rights and interests of the individual. Of all the types and uses of CPOs, those that are retail led have the most potential for severe collateral socio /economic impact. They set out to remove the competitive advantage of numerous retail interests and replace them with others ‘in the public interest.’
3) There must be no impediments to the implementation of the CPO The blocking impediment may be the lack of planning/ market evidence. Does acquiring an empty shop/s mean that new replacements will do better? Does
interfering with the rights of current occupiers assist in resurrecting a dead or dying centre akin to putting a new patch on an old garment?
4) There must be a reasonable prospect the scheme will proceed The challenge is for a rational strategic approach to consolidate and reinforce stability in centres rather than trying to second-guess the market. Chasing growth in an artificial environment does not provide for sustainable town centres. If such promoters can reverse the characteristics of growth, redevelop traditional centres out of all recognition, and then convince the public that it is
what they want, then high streets stand a chance.
The Editor acknowledges the support of John Roberts, Managing Editor of IRRV magazines (The Institute of Revenues Rating and Valuation) to publish an abridged version of this article. The full article can be viewed in IRRV ‘Valuer’ May/June 2012.
TOWN CENTRES - HOW LOCAL AUTHORITES CAN HELP SHAPE A
POSITIVE FUTURE Paul Ellis, Senior Director, DTZ and UK Head, Town Centres
Paul Ellis heads DTZ’s Development Consulting teams in the UK. There are well over 100 specialists advising on approximately 450 projects. Paul is also a member of DTZ’s Global Management Committee. Paul graduated from the University of Reading in 1987. He joined Donaldsons in 1993, which merged with DTZ in 2007. His particular interest and expertise is in town/city centre development consultancy work, and large scale regeneration projects, principally for public sector clients.
paul.ellis@dtz.com
“In 2012, for the first time in 4 decades, there will be no significant retail led town or city centre scheme opening in the UK. That said, we are now seeing definite, tangible signs of the market picking up, albeit on a selective basis, and with one general theme – where local authorities are proactively getting involved, to help get things moving.”
Town and city centres have, and will always be, a key part of each local authority’s socio economic strategy. As such, despite current market challenges, each and every local authority will continue to need to do all it can to ensure that they retain the best vibrancy and vitality possible.
Much has recently been written on this subject – and ‘Portas’ is the current focus, certainly politically, and in the media. Whilst ‘Portas’ has a range of well
40
meaning ideas, it will not, in our opinion, make any meaningful impact by itself.
The central aspect is how councils understand the national – and indeed international factors - that have already fundamentally changed ‘the High Street’, and how they choose to apply that generic knowledge in the best way to address specific local factors affecting their town/city centre. Each centre is unique.
THE TERRIER - Summer 2012
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