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Saturation of leisure market may fuel hybrid park demand

Series: Retail Week ; 15 June 2001, 27(1)Publication details: 2001Subject(s): Summary: TW Research Associates has compiled the "Definitive Guide to Retail and Leisure Parks" on behalf of FPD Savills. The researchers discovered 269,400 sq m of out-of-town space with planning permission, which is likely to be developed during the next two years. However, there is a threat that the leisure market has reached saturation point, and some landlords are looking to convert their leisure planning consents to retailing. TW Research Associates also identify a new trend among developers to incorporate leisure facilities into larger retail parks. This 'hybridisation' is also emerging in-town. Table lists top leisure and top retail/leisure schemes.
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News article London News article WB3724-16 (Browse shelf(Opens below)) 1 Available 113157-1001

TW Research Associates has compiled the "Definitive Guide to Retail and Leisure Parks" on behalf of FPD Savills. The researchers discovered 269,400 sq m of out-of-town space with planning permission, which is likely to be developed during the next two years. However, there is a threat that the leisure market has reached saturation point, and some landlords are looking to convert their leisure planning consents to retailing. TW Research Associates also identify a new trend among developers to incorporate leisure facilities into larger retail parks. This 'hybridisation' is also emerging in-town. Table lists top leisure and top retail/leisure schemes.