Town Centre Programme Update
- presentation by Tom Bell
Minutes:
Tom Bell, Neighbourhood
Investment Manager gave a powerpoint
presentation in relation to the Town Centre Programme.
The presentation drew specific
attention to:-
- Progress to date
– 146 new dwellings – significant spend into the Town
Centre
- Responding to Current
Market
- Collapse of buy to
let
- Iliad direct
let
- Equity
Model
- Residents
survey
- Agents
survey
- Appraisal of acquired
sites
- Future
options
- Evaluation
- Kinght Frank key
messages
- Next Steps
- Single
Conversation
- Prioritisation
- New Delivery
Framework
A discussion ensued and the
following issues were raised:-
- Whether the night
time economy would affect the take up of Town Centre
properties
- What people’s
expectations were of living in the Town Centre. Surveys had
already been started in relation to people who had already moved
in. It was felt that there was a need
to understand the potential of the tenants and whether they were
moving into the Town Centre by choice or by necessity.