Now we're cooking

Article Abstract:

The out-of-town retail development in Stockton-on-Tees, England, is proving popular but the Wellington Square shopping mall in the town centre is still not completed. Demand for retail outlets in Redcar, Teesside, England, is also good. Middlesbrough, England, has been experiencing a revival of its town centre with some older shopping malls undergoing renovation work. Local agents anticipate the newly built Captain Cook retail centre will encourage out-of-town retailers to move into the town. Rents in the development are expected to be around 150 pounds sterling per sq ft by 2000.

Leisure industry, Middlesbrough, England, Teesside, England

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Retailers get bullish in the city centre

Article Abstract:

The retail market in the centre of Birmingham, England, is likely to improve with two developments planned for the area. Rents for retail outlets have already increased. The new developments include the new Bull Ring which is due to start in 2001, and phase one of the Martineau Galleries which is due to commence in Spring 2000. Phase two of the Martineau Galleries will be built at a later date. Several major stores are planning to open outlets in the new developments. Some 800 million pounds sterling will be spent on the 2 million sq ft developments, by the Birmingham Alliance.

Birmingham, England

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City gets a retail bonus

Article Abstract:

The City of London, England, has become a favoured area for all types of food bars despite the limited trading hours. Consumer demand from workers in the City of London has caused the demand for retail space to rise. There has been concern shops would not have sufficient trade throughout the week to be profitable. Yet shoppers from areas outside the City, such as Islington, are coming to the City shops at weekends. Several of the major retailers are looking for space in the area causing rents to rise to up to 200 pounds sterling per sq ft.

Drinking places, Drinking Places (Alcoholic Beverages), Bars, saloons, etc., Bars (Drinking establishments), London, England

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