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Re: Charles Street Mixed Use Development with Tower

PostPosted: Wed Oct 23, 2019 7:16 am
by Kyle
DJKiran wrote:A year on from its completion and half of the bottom floor is empty and unfinished. Like, they just stopped working on it half-way through....


Are they retail units? If so the issue is that they've just not found tenants

Re: Charles Street Mixed Use Development with Tower

PostPosted: Wed Oct 23, 2019 9:48 am
by sebcity
I believe they were originally intended to be. But I’m sure I’ve seen a planning application to convert them into dwellings.

Re: Charles Street Mixed Use Development with Tower

PostPosted: Wed Oct 23, 2019 9:58 am
by elgdav
There's still retail letting ads in the windows.

Re: Charles Street Mixed Use Development with Tower

PostPosted: Sun Nov 24, 2019 9:34 pm
by Peiriannydd
Kyle wrote:
DJKiran wrote:A year on from its completion and half of the bottom floor is empty and unfinished. Like, they just stopped working on it half-way through....


Are they retail units? If so the issue is that they've just not found tenants


All of the ground floor, apart from the section below the tower and the alcohol centre at the rear, are designated retail space under the original planning consent. They can be leased as two big units, on either side of the tower, but the council's preference was for them to be divided. The planning consent for the Charles St/Bridge St corner is complication.

There are probably a number of reasons why this hasn't been rented:
1. Uptake in retail space is in decline, right across the UK.
2. The Rapports did not have a clear stategy on how they would lease this space when the design was being completed.
3. The Rapports were pushing for the Charles St/Bridge St corner to have private residential component added, and early scheme designs have been prepared for that.