making sense of place economics

BIS High Streets Review - appointment as economic advisers

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19/10/2011

GENECON has been appointed by the Department of Business, Innovation & Skills to lead a review of the evidence on town centre and high street performance.  The research will link into the Mary Portas review of high streets.  This high profile appointment reflects GENECON's long experience of the economic and spatial dynamics of town centres and high streets. GENECON is leading a team including Colliers, Urban Pollinators and GJR Consulting. The research will address some key questions being raised by the review including: why are high streets valued as economic and social hubs, what has influenced their changing fortunes over the last 10 years, what has been the impact of previous policy and other responses, how can new roles and functions be defined and managed in the future and what are the relevant indicators of performance going forward.

David Tuck, GENECON's Managing Partner who is directing the research comments: "This is a facinating study which, aligned to the Portas Review, has the potential to influence the future direction of economic, spatial and management responses to high street performance - there is a clear need for some groundbreaking approaches to high street roles and functions that reflect new economic realities and changing patterns of use.  High streets have a long history as a focus of economic and social interaction, but fundamental market, social and spatial shifts mean that many must adapt to survive.  This research will help policy makers to better understand the drivers of change and provide the evidence base to underpin new and creative responses to high street futures."