- Posts: 301
- Joined: Tue Jul 15, 2014 7:07 pm
Simon_SW17 wrote:The WOL article about the retail units says they'll open in October 2019 but I'd be surprised if they didn't open this year, there are already planning apps in for Boots and Greggs signage and it would be a waste of rent for the BBC to leave them empty.
I know it's WOL so it's probably riddled with inaccuracies, but the article claims that the retail space is retained by Rightacres directly not subleased by the BBC. Not that this means it won't still make sense to open this October before they start demolishing St. David's House.
Point is that it won't be the BBC making anything from these retail leases, coupled with the fact that they'll now have a huge multi-million leasing deal hanging over them with the building owners, for premises, lest we forget, that are much smaller than their current Landaff site. Sure, it's all going to be shiny and new, but with them not owning their own budding, I can't see how any of this is a good deal for the BBC or licence fee payers. It's interesting that it's almost exactly like history repeating itself of the BBC Birmingham Pebble Mill to Mailbox move now universally hailed as a disaster.