This was discussed on either the "City Centre Retail" thread, or the "Newcastle Department Stores" thread, can't remember which.If for example the Monument Mall was to be redeveloped and you had an open shell i.e. footprint and externals stay the same but the internal are to be completely redeveloped, what and who would you like to see in there?
There is a sign in the window saying it is closing for refurbishment and coming back as another Ashley shop Field & Trek.Apparently Sports direct in Monument Mall is closing down as well as the NUFC club shop. Maybe all the stores apart from Peacocks and TK Maxx are moving out and one retailer coming in, Forever 21?
If all they currently have to offer is Manor Walks and Cleveland Retail Park, I won't hold out for anything spectacular at Monument Mall.Monument Mall revamp definitely on way, say new owners
This is the London-based plc’s first foray into the Newcastle city centre property market. It currently has two retail property interests in the region: Manor Walks retail park in Cramlington and the Cleveland Retail Park in Middlesbrough.
Read More - http://www.nebusiness.co.uk/commerc...-revamp-on-way-say-new-owners-51140-28425033/
They also own top quality city centre shopping malls. This is great news, we all know that Monument mall was going nowhere under the previous owners who didn't seem to care about it, Hopefully this revamp will mean that current weird shaped units are now part of larger better shaped units. It seems as though they are indicting that they are focusing on the formers Boots unit which has stood empty for far too long.If all they currently have to offer is Manor Walks and Cleveland Retail Park, I won't hold out for anything spectacular at Monument Mall.
This place is pretty iconic looking and could really do with some real, strategic investment with some thought behind it. Look at cities like Manchester, Leeds and even Liverpool so see what could be done. It couldn't possibly get any more downmarket ...well, we'll see!
Spotted this Public Notice in last nights Newcastle Evening Chronicle - 11th October 2011.Monumental reshape for Hammerson
01 April 2011
Exactly a week after the purchase of Monument Mall completed, Hammerson is implementing an asset management strategy
The four-storey centre has suffered from being “wrong sized” for many retailers looking for space in the city, says Peter Cooper, portfolio director at Hammerson.
Cooper aims to fix this. He plans to simplify the shopping centre’s layout and reconfigure the units to create larger stores with improved access on all levels. He reports that demand from “aspirational” retailers in Newcastle is strong, as evidenced by Urban Outfitters’ arrival on Grainger Street after a two-year search.
Very interesting!Spotted this Public Notice in last nights Newcastle Evening Chronicle - 11th October 2011.