Town centre regeneration does what it says on the tin: it’s the process of investing in and developing a, usually underused or tired, town centre with the aim of giving it a new lease of life. Installing new retail units and restaurants, opening a new cinema site or implementing a new leisure development in a central location are all ways in which a town centre can be regenerated.
Regeneration occurs when a city centre is underperforming and receiving low visitor numbers as part of their daytime and/or evening economy. To transform the area, the local authority or government invests in new retail, leisure or hospitality businesses in the area, with the aim of encouraging residents and visitors to spend more time there.
Placemaking is the process of creating spaces that people want to live, work and socialise in. It’s a location-based process driven predominantly by local authorities, private retail owners or developers, all of whom are responsible for demonstrating that they’ve given thought to creating a sense of place in a particular area.
TBP held its annual conference at The Everyman cinema, Met Quarter, Liverpool on Tuesday 17th September. The sold out conference was a success for speakers and attendees. With an impressive array of speakers and panellists the conference tackled the current issue facing many Local Authorities and property developers or owners on how to repurpose the high street.