Mike Horner, Future of Town Centres
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Transcript of Mike Horner, Future of Town Centres
![Page 1: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/1.jpg)
Future of Town Centres
A developer’s perspective
Mike HornerRegional Director
Muse Developments
![Page 2: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/2.jpg)
Content
> Town centres today
> Thriving town centres of tomorrow?
> Challenges facing developers
> Some current Muse solutions
![Page 3: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/3.jpg)
Town centres today
![Page 4: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/4.jpg)
What are town centres for?
Not just a High Street
> Complex multi-use places
Retail
Cultural Facilities
Residential
PublicServices
Leisure & Entertainment
Offices &Commercial
TownCentreProfessional
Services
![Page 5: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/5.jpg)
Town centre jobs
Town centres are leaking jobs
![Page 6: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/6.jpg)
Town centre jobs
Medium and small towns are fighting a losing battle
![Page 7: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/7.jpg)
Spheres of influence
Cities taking over
> TTWA
> Retail catchments
> Tiers 1 & 2 getting larger
> Tiers 4 & 5 getting smaller!
![Page 8: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/8.jpg)
Town centres suffering
> Too much competition(retail, commercial and residential)
> Business rates too high
> Retailers going to the wall
> Office space being rationalised
> Budgets being cut
> Planning policy too weak
![Page 9: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/9.jpg)
And it’s not going to get any easier ...
The reasons:
> Economy struggling/ fragile
> Changing retail habits
> Businesses going global/ clustering
> Changing social habits
> Ageing population
> Footfall dropping
![Page 10: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/10.jpg)
Thriving town centresof tomorrow?
![Page 11: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/11.jpg)
Which town centres are going to be successful?
> A clear vision and a viable masterplan
![Page 12: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/12.jpg)
Which town centres are going to be successful?
> A clear vision and a viable masterplan
> A comprehensive mix of uses
![Page 13: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/13.jpg)
Which town centres are going to be successful?
> A clear vision and a viable masterplan
> A comprehensive mix of uses
> Provision for motorists
![Page 14: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/14.jpg)
Which town centres are going to be successful?
> A clear vision and a viable masterplan
> A comprehensive mix of uses
> Provision for motorists
> Public transport connections
![Page 15: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/15.jpg)
Which town centres are going to be successful?
> A clear vision and a viable masterplan
> A comprehensive mix of uses
> Provision for motorists
> Public transport connections
> Interesting spaces/ unique environments
![Page 16: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/16.jpg)
Which town centres are going to be successful?
> A clear vision and a viable masterplan
> A comprehensive mix of uses
> Provision for motorists
> Public transport connections
> Interesting spaces/ unique environments
> An evening economy
![Page 17: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/17.jpg)
Which town centres are going to be successful?
> A clear vision and a viable masterplan
> A comprehensive mix of uses
> Provision for motorists
> Public transport connections
> Interesting spaces/ unique environments
> An evening economy
> Proactive/ intensive space management
![Page 18: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/18.jpg)
Challenges facing developers
![Page 19: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/19.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
![Page 20: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/20.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
> Funding
![Page 21: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/21.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
> Funding
![Page 22: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/22.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
> Funding
> Occupier demand
![Page 23: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/23.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
> Funding
> Occupier demand
> Fragmented ownership
![Page 24: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/24.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
> Funding
> Occupier demand
> Fragmented ownership
> Local authority budget cuts
![Page 25: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/25.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
> Funding
> Occupier demand
> Fragmented ownership
> Local authority budget cuts
> OJEU procurement process
![Page 26: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/26.jpg)
What are the main problems andchallenges facing developers in town centres?
> Viability
> Funding
> Occupier demand
> Fragmented ownership
> Local authority budget cuts
> OJEU procurement process
> Politics
![Page 27: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/27.jpg)
Some current Muse solutions
![Page 28: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/28.jpg)
Talbot Gateway, BlackpoolA partnership with
Town centre regeneration with 1.1 million ft2 of development - hotels, offices, a supermarket, retail/ leisure space, car parking and a new transport interchange £175m
![Page 29: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/29.jpg)
Talbot Gateway, BlackpoolA partnership with
![Page 30: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/30.jpg)
Talbot Gateway, BlackpoolA partnership with
Sainsbury’s – 130,000 ft2 gross with 608 parking spaces, under construction
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Salford CentralA partnership with
We are regenerating Salford’s civic and historic centre with over 2 million ft2
of commercial space, 280,000 ft2 of active uses, a hotel and 850 new homes £650m
![Page 32: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/32.jpg)
Salford CentralA partnership with
Chapel Street (A6) – Salford’s original High Street
![Page 33: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/33.jpg)
Salford CentralA partnership with
Vimto Gardens – 83 apartments and 14 town houses, under construction
![Page 34: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/34.jpg)
Stockport ExchangeA partnership with
370,000 ft2 of offices along with attractive public spaces outside the railway station, improved car parking facilities and a wide range of cafes and shops at ground floor £145m
![Page 35: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/35.jpg)
Stockport ExchangeA partnership with
1,000 space multi-storey car park, pre-let to NCP and under construction
![Page 36: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/36.jpg)
Stockport ExchangeA partnership with
Office buildings, ground floor active uses, hotel and high quality public realm
![Page 37: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/37.jpg)
City Place, ChesterA partnership with
A new Central Business Quarter offering prime office space and supportingresidential in ten buildings on 3.5 acres (planning consent secured) £120m
![Page 38: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/38.jpg)
City Place, ChesterA partnership with
![Page 39: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/39.jpg)
City Place, ChesterA partnership with
![Page 40: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/40.jpg)
Summary
> Town centres facing huge challenges
> Residential and mixed-use the way forward
> No single funding solution
> Clear vision and strong leadership
> A couple of thoughts:
- Enterprise Zones
- Town Centre funding pot
Future of Town Centres
A developer’s perspective
![Page 41: Mike Horner, Future of Town Centres](https://reader035.fdocuments.us/reader035/viewer/2022062706/557a5bbfd8b42a6e5a8b4e72/html5/thumbnails/41.jpg)
Future of Town Centres
A developer’s perspective
Mike HornerRegional Director
Muse Developments