Mark Whitehead 26 June 2018

Think tank warns struggling high streets are 'too reliant on retail'

City centres must swap shops for offices, housing and public space if they are to prosper, according to a leading think tank.

The Centre for Cities warns that struggling high streets have too many shops but not enough commercial space for other businesses.

Retail accounts for twice as much space as offices in many city centres but the most successful have more than three times more office space than retail.

In a survey Newport city centre had the highest amount of vacant retail lots at 28% while more than half its commercial space was accounted for by retail premises, followed by Blackpool, Bradford, Wigan and Sheffield.

Those with the lowest proportion of vacant retail lots included Cambridge with just 8%, followed by Brighton, Exeter, London and Worthing.

The think tank says struggling city centres must reduce their reliance on retail and instead focus on creating a better environment for other firms – especially exporting firms in sectors such as ICT, legal services, insurance and marketing.

Andrew Carter, chief executive of Centre for Cities, said: 'We need to reimagine struggling city centres as places where lots of different businesses can locate and create jobs and where lots of people want to go for a variety of reasons.

'This means reducing the reliance on shops, and focusing on creating a more attractive environment for a wider range of firms.'

SIGN UP
For your free daily news bulletin
Highways jobs

Senior/Principal Regeneration Officer

Fareham Borough Council
£45,465 - £55,379
Our town centre regeneration is moving from planning to delivery, and we're looking for someone who wants to help make regeneration happen. Fareham, Hampshire
Recuriter: Fareham Borough Council

Team Coordinator

The Royal Borough of Windsor & Maidenhead
£25,706 - £27,306 per annum
\you will provide comprehensive administrative and operational support across Intermediate Care, Discharge and Integrated Care pathways. Maidenhead, Berkshire
Recuriter: The Royal Borough of Windsor & Maidenhead

Principal Sustainable Transport Officer

The Royal Borough of Windsor & Maidenhead
£39,526 - £43,613 per annum
This is an excellent opportunity for an enthusiastic Principal Sustainable Transport Officer to join our team. Windsor, Berkshire
Recuriter: The Royal Borough of Windsor & Maidenhead

Programme Manager

North Yorkshire Council
£53,051- £57,372 per annum
Do you have the passion for achieving organisational objectives through programme definition and delivery? Harrogate, North Yorkshire
Recuriter: North Yorkshire Council

Programme Manager

North Yorkshire Council
£53,051- £57,372 per annum
Do you have the passion for achieving organisational objectives through programme definition and delivery? Northallerton, North Yorkshire
Recuriter: North Yorkshire Council
Linkedin Banner