436355
Impact of CBD decline
- Advantages for companies
- less competition in CBD
- Land prices/rent drop
- less competition in CBD
- Disadvantages for Companies
- Shops left
- closed shops around repels shoppers
- Low value - pound shops, charity shops
- lndependent shops not chain stores
- closed shops around repels shoppers
- On going issues with
planning - limit
development
- Old Buildings not efficient or
suitable for modern shopping
- Shops left
- Advantages for Customers
- Easier access to shops
- Don't have to walk a large distance between shops
- Don't have to walk a large distance between shops
- Dont have to travel into CBD
- Car Parking becomes cheaper to help shoppers
- More convenience shops open
- A social CBD
- Café, Bars etc..
- Café, Bars etc..
- Easier access to shops
- Disadavantages for Customers
- May have to travel further to shops
- Issues for specific groups
- Elderly
- Disabled
- Inner city residence
- Elderly
- May have to travel further to shops
- Councils/govt
- Advantages
- Chance to redevelop
- Access to big funding
- Access to big funding
- Decreases congestion and pressure on CBD
- Chance to redevelop
- Disadvantages
- Loss money and investment options
- cost of redevelopment - large
- Crime
- Under use of Public
Transport
- Prestige is lost of CBD
- innovation to
keep
customers
- Loss money and investment options
- Advantages
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