| Comment | Potentially also the developers see the writing on the wall for medium size to big retail outlets, and worry what happens if John Lewis shut up shop. It's a big unit to fill.
They might've made the calculation, as St Enoch owners seem to, that redeveloping the entire site to allow for a mix of rented residential, entertainment and some retail is more cost effective for them in the long term.
As it happens, this could probably be of huge benefit to the city anyway. Mixed use areas are far more resilient than single-use monoculture zones, catering to residential or retail alone. You need a mix to ensure a busy, vibrant area. It's interesting that what has been an aim for city planners for years is possibly now happening because it makes sense financially to the property owners. |
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