Metro centre could be prime land for development and housing, though the optics....eeek. It will depend on whether the administrators think that:Eldon Square should be fine I think. Its tightly tied into the town centre as a whole.
Metro Centre though...it has been looking ropey for some time already. I went for the first time in a long while last year and was shocked at quite how empty it is. So many abandoned shops. Apparently they already have a replacement lined up for Debenhams, which is good as they seemed set to be a killing blow. But long term out of town shopping centres are a dying breed.
Looking at the big picture I welcome this. In person shopping is due for a huge decline but keeping as much of it in town centres as long as possible is vital for the transition.
But on a local scale... Just what will become of the metro centre? Such a huge chunk of land, of the economy....
The food bit of Eldon Square- yep, it should work. The same sort of thing is very common in Japan where it works well. I'd say the problem there is not so much that its just chains, but the chains it does have are in that family dining middle ground which is struggling a lot in modern times. When people go out for a meal they want to go to a proper independent place for a unique experience and good quality. When people want quick food they want it cheap and fast. This middle ground is losing out.
- They will be able to realise more as a going concern than a site
- They can continue to open - covering day to day costs