BUILDING BACK OUR TOWNS

The COVID-19 pandemic has exacerbated the problem, accelerating the move towards online shopping and significantly reducing footfall and activity which has resulted in the loss of occupiers and an increase in vacant space on a scale that has never been seen before. 

The challenge of building back our town centres and high streets, along with our economy, has become more urgent than ever but must be planned carefully. There is an over supply of retail floorspace in the UK, but each town centre is unique in terms of its catchment spend and surrounding competition. A host of new anchor concepts are emerging which can drive centres forward but will still need a critical mass of retail and leisure floorspace to thrive.

The pandemic has also resulted in a stronger recognition of the importance of local amenities, access to green space, leisure and culture and a move towards different working practices which also presents opportunities for town centres. 

OUR EXPERTISE

Local councils are continuing to invest in their town and city centres, for both regeneration and investment purposes, and this creates an opportunity to repurpose and redesign them to be more suitable for current ways of living, and to better support residents and the local economy. We recognise the constraints on resources that Councils are facing, both in terms of personnel and financial resources, and we can help identify where to target those limited resources and provide additional support where required. We are also able to advise on the availability of different funding sources and assist in applications for them.

The private sector can and should also take a proactive approach, repositioning and repurposing its assets to respond to changing consumer behaviours and market demand. In collaboration with our agency teams, we provide market facing and deliverable development advice to redefine assets and ensure they are fit for the future. We are also highly experienced in the creation of strategic partnerships between the private and public sectors and how these partnerships can work to unlock development.  

Our team has the skills and experience to assist clients in responding to the challenges urban areas are facing. We help our clients take a proactive approach by redefining their development strategies, creating successful partnerships and repositioning individual assets. Working closely with other teams across the business, we are able to guide clients through the development process from concept to completion. 

@
GET IN TOUCH
@ Jon Pinkerton
Jon Pinkerton
BSc (Hons) MRICS
Partner
020 7298 1827 email me about Jon
@ Paul Astbury
Paul Astbury
Head of Regeneration
020 7518 3328 email me about Paul
PREV:
NEXT:

Jon leads the Carter Jonas London development team, providing strategic development advice, feasibility and viability studies, acquisition, disposal and marketing advice and advice on structuring and procuring development partnerships. He has 30 years’ experience, working initially in local government and then in consultancy at Donaldsons, Knight Frank and GL Hearn.

I can provide advice on:
Paul is a Partner, and Head of Compulsory Purchase based out of our Head Office at Chapel Place, London.
I can provide advice on:
Find me on Linkedin

Keep Informed

Sign up to our newsletter to receive further information and news tailored to you.

Sign up now

Related services

Valuation & Advisory

The valuation of property is a core part of our practice and stands at the heart of all property ...

Explore service
Mapping & ​Geospatial

As part of its multi-disciplinary offering, Carter Jonas has a holistic geospatial practice cover...

Explore service
​Consultancy & Strategy

Carter Jonas’s Property Consultancy & Strategy team works with property owners to...

Explore service
Natural Capital

Natural capital has the potential to offer landowners a number of ways to generate income b...

Explore service